Evansville, IN-KY · Indiana
Vanderburgh County
ZIP 47720
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 47720
Median home value
—
Gross yield
—
Cap rate
4.5%
Rent gap
—
Affordability
P/I: 4.2R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown9 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 47713 | — | — | — | 13.1% | — |
| 47710 | — | — | — | 7.6% | — |
| 47714 | — | — | — | 9.1% | — |
| 47708 | — | — | — | 11.2% | — |
| 47715 | — | — | — | 6.8% | — |
Ranked by composite score
Compare all ZIPs in Vanderburgh County
See all 9 ZIPs ranked by yield and cap rate
Compare yields, cap rates, rent gaps, and affordability across every ZIP. Free account.
- Sortable table — sort by yield, rent gap, affordability
- Drill into any ZIP for full detail
- Save markets and weekly market digest
Free · No credit card · No spam
4
ZIP comparison table. Showing 5 of 9 ZIPs. Sign up to see all.
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