Indiana

Wells County

ZIP 46770

28,261 residents87 permits TTM$69,741 median HHI10 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$180,000

ACS 5-Year

Cap rate proxy

5.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.4%

HUD FMR ÷ ACS HHI

Net migration

+1.46%

IRS SOI

Permits (TTM)

87

Census BPS

Climate risk

22.8

FEMA NRI (0–100)

ZIP 46770

Median home value

Gross yield

Buy Box score

0.5

Section 8 gap

Affordability

P/I: 3.8R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown10 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
467140.7
46777$180,000$1,0707.1%0.627.8%
467700.5
46731
46759
46766
46778
46781
46791
46799$180,000$1,0607.1%26.6%

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Demographics

Owner-occupied

76.2%

Census ACS

Vacancy rate

5.4%

Census ACS

Bachelor's degree +

18.9%

Census ACS

Rent burdened

33.2%

Census ACS (>30% income)

Median age

40.2

Census ACS

Data sources
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