Evansville, IN-KY · Indiana
Vanderburgh County
ZIP 47708
179,908 residents448 permits TTM$60,938 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$172,300
ACS 5-Year
Cap rate proxy
6.7%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.0%
HUD FMR ÷ ACS HHI
Net migration
+1.35%
IRS SOI
Permits (TTM)
448
Census BPS
Climate risk
91.3
FEMA NRI (0–100)
ZIP 47708
Median home value
—
Gross yield
—
Buy Box score
—
Section 8 gap
—
Affordability
P/I: 3.9R/I: 31.6%
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown9 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 47713 | — | — | — | 1.0 | — |
| 47714 | — | — | — | 1.0 | — |
| 47710 | — | — | — | 0.9 | — |
| 47712 | — | — | — | 0.8 | — |
| 47715 | — | — | — | 0.8 | — |
| 47711 | — | — | — | 0.7 | — |
| 47720 | — | — | — | 0.6 | — |
| 47725 | — | — | — | 0.4 | — |
| 47708 | — | — | — | — | — |
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Demographics
Owner-occupied
64.5%
Census ACS
Vacancy rate
9.0%
Census ACS
Bachelor's degree +
27.1%
Census ACS
Rent burdened
43.4%
Census ACS (>30% income)
Median age
38.9
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