Evansville, IN-KY · Indiana

Warrick County

ZIP 47637

64,650 residents336 permits TTM$95,027 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$228,900

ACS 5-Year

Cap rate proxy

5.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

12.7%

HUD FMR ÷ ACS HHI

Net migration

+2.02%

IRS SOI

Permits (TTM)

336

Census BPS

Climate risk

65.1

FEMA NRI (0–100)

ZIP 47637

Median home value

Gross yield

Buy Box score

0.8

Section 8 gap

Affordability

P/I: 2.6R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown7 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
475230.9
476100.9
476010.9
476190.9
476370.8
476130.8
476300.5

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Demographics

Owner-occupied

82.5%

Census ACS

Vacancy rate

7.0%

Census ACS

Bachelor's degree +

35.5%

Census ACS

Rent burdened

32.6%

Census ACS (>30% income)

Median age

41.3

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