Housing market/Indiana/ZIP 47006

ACS 2023 · FY2027 SAFMR

ZIP 47006 Batesville, Ripley County, Indiana

Ripley 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
12,607
Households
4,822
Median HH income
$76,220
Renter share
19.7%
Median gross rent
$776
Vacancy
4.0%
Pop. change
+9.6%
2BR SAFMR
$1,110
SAFMR / rent
1.430×
2–49 unit stock
682
LIHTC proj / units
5 / 227
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 47006 · IN — sent to you.

ZIP 47006 · IN

ACS median rent$776
2BR SAFMR$1,110
90% floor$999
110% ceiling$1,221

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

Housing stock

ACS 2023 units-in-structure · ZCTA 47006

  • 1-unit detached4,05780.7%
  • 1-unit attached571.1%
  • 2–4 units2905.8%
  • 5–49 units3927.8%
  • 50+ units1212.4%
  • Mobile1082.1%
TypeUnitsShare
1-unit detached4,05780.7%
1-unit attached571.1%
2 units (duplex)2585.1%
3–4 units320.6%
5–9 units1693.4%
10–19 units961.9%
20–49 units1272.5%
50+ units1212.4%
Mobile1082.1%

2–4 unit share 5.8% · 5–49 unit share 7.8% · combined 2–49 13.6%.

Units by bedrooms

Studio
58
1BR
337
2BR
1,034
3BR
2,350
4BR
973
5+
273

Rent burden

Rent ≥30% of income63.4%
Rent ≥50% of income42.2%
  • ACS median gross rent $776 (all bedrooms, occupied rentals).
  • Median contract rent $577.
  • Renters paying ≥30% of income 63.4%; ≥50% 42.2%.
  • FY2027 2BR SAFMR $1,110 (1.430× ACS median gross rent).

Population

12,607 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +9.6%.

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

Assisted inventory

  • LIHTC: 5 projects, 227 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 47006 19.7% of occupied households are renters; vacancy is 4.0%; ACS median gross rent is $776; population increased +9.6% between the 2018 and 2023 ACS vintages; the housing stock includes 290 units in 2–4-unit structures and 392 units in 5–49-unit structures; 5 LIHTC projects totaling 227 units; FY2027 2BR SAFMR is $1,110 versus ACS median gross rent of $776. 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 47006 is a Census / HUD profile for Ripley 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 47006?

ZIP 47006 (Ripley County, IN) has 12,607 residents, 4,822 households, a renter share of 19.7%, median household income of $76,220, and ACS 2023 median gross rent of $776. Vacancy is 4.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 47006?

ACS counts 258 units in 2-unit buildings, 32 in 3–4 unit buildings, 169 in 5–9, 96 in 10–19, and 127 in 20–49. Combined 2–49 unit stock is 682 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 47006?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,110. See the full schedule and 90–110% payment-standard band on the ZIP 47006 — Batesville, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 47006 is Census / HUD research for Ripley 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.