Indiana
Ripley County
ZIP 47037
29,039 residents98 permits TTM$71,084 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$205,300
ACS 5-Year
Cap rate proxy
4.7%
FMR × 0.65 ÷ Home Value
Rent-to-income
13.5%
HUD FMR ÷ ACS HHI
Net migration
+1.49%
IRS SOI
Permits (TTM)
98
Census BPS
Climate risk
46.8
FEMA NRI (0–100)
ZIP 47037
Median home value
—
Gross yield
—
Buy Box score
0.6
Section 8 gap
—
Affordability
P/I: 3.4R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 47031 | $205,300 | $1,140 | 6.7% | 0.7 | 42.7% |
| 47037 | — | — | — | 0.6 | — |
| 47042 | — | — | — | 0.6 | — |
| 47023 | — | — | — | 0.6 | — |
| 47006 | — | — | — | 0.4 | — |
| 47017 | $205,300 | $1,020 | 6.0% | — | 27.7% |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
77.8%
Census ACS
Vacancy rate
8.4%
Census ACS
Bachelor's degree +
19.4%
Census ACS
Rent burdened
39.6%
Census ACS (>30% income)
Median age
40.9
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026