Housing market/Indiana/ZIP 46992

ACS 2023 · FY2027 SAFMR

ZIP 46992 Wabash County, Indiana

Wabash County, IN · Indiana. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
16,475
Households
7,012
Median HH income
$65,500
Renter share
22.1%
Median gross rent
$697
Vacancy
8.4%
Pop. change
+0.8%
2BR SAFMR
$1,010
SAFMR / rent
1.449×
2–49 unit stock
858
LIHTC proj / units
1 / 41
HUD assisted MF
4 / 199

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 46992 · IN — sent to you.

ZIP 46992 · IN

ACS median rent$697
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 46992

  • 1-unit detached6,44784.4%
  • 1-unit attached1361.8%
  • 2–4 units4345.7%
  • 5–49 units4245.5%
  • Mobile2002.6%
TypeUnitsShare
1-unit detached6,44784.2%
1-unit attached1361.8%
2 units (duplex)1461.9%
3–4 units2883.8%
5–9 units2032.7%
10–19 units1151.5%
20–49 units1061.4%
50+ units00.0%
Mobile2002.6%

2–4 unit share 5.7% · 5–49 unit share 5.5% · combined 2–49 11.2%.

Units by bedrooms

Studio
115
1BR
584
2BR
1,567
3BR
3,603
4BR
1,474
5+
311

Rent burden

Rent ≥30% of income38.8%
Rent ≥50% of income12.5%
  • ACS median gross rent $697 (all bedrooms, occupied rentals).
  • Median contract rent $531.
  • Renters paying ≥30% of income 38.8%; ≥50% 12.5%.
  • FY2027 2BR SAFMR $1,010 (1.449× ACS median gross rent).

Population

16,475 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.8%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 41 units.
  • HUD project-based assisted MF: 4 properties, 199 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 6 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 46992 22.1% of occupied households are renters; vacancy is 8.4%; ACS median gross rent is $697; population increased +0.8% between the 2018 and 2023 ACS vintages; the housing stock includes 434 units in 2–4-unit structures and 424 units in 5–49-unit structures; 1 LIHTC projects totaling 41 units; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $697. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Indiana research

ZIP 46992 is a Census / HUD profile for Wabash County, IN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Indiana research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 46992?

ZIP 46992 (Wabash County, IN) has 16,475 residents, 7,012 households, a renter share of 22.1%, median household income of $65,500, and ACS 2023 median gross rent of $697. Vacancy is 8.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 46992?

ACS counts 146 units in 2-unit buildings, 288 in 3–4 unit buildings, 203 in 5–9, 115 in 10–19, and 106 in 20–49. Combined 2–49 unit stock is 858 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 46992?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 46992 — Wabash, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 46992 is Census / HUD research for Wabash County, IN. Jeff Crowe CRE does not list Indiana property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.