Muncie, IN · Indiana
Delaware County
ZIP 47396
112,109 residents319 permits TTM$56,932 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$127,600
ACS 5-Year
Cap rate proxy
8.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.4%
HUD FMR ÷ ACS HHI
Net migration
+1.35%
IRS SOI
Permits (TTM)
319
Census BPS
Climate risk
76.3
FEMA NRI (0–100)
ZIP 47396
Median home value
—
Gross yield
—
Buy Box score
0.2
Section 8 gap
—
Affordability
P/I: 4.3R/I: 17.6%
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown12 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 47302 | — | — | — | 1.0 | — |
| 47303 | — | — | — | 1.0 | — |
| 47305 | — | — | — | 0.9 | — |
| 47338 | — | — | — | 0.8 | — |
| 47304 | — | — | — | 0.8 | — |
| 47320 | — | — | — | 0.8 | — |
| 47342 | — | — | — | 0.8 | — |
| 47334 | — | — | — | 0.7 | — |
| 47383 | — | — | — | 0.6 | — |
| 47396 | — | — | — | 0.2 | — |
| 47306 | — | — | — | — | — |
| 47367 | — | — | — | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
66.5%
Census ACS
Vacancy rate
10.6%
Census ACS
Bachelor's degree +
25.7%
Census ACS
Rent burdened
47.7%
Census ACS (>30% income)
Median age
35.7
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