Housing market/Indiana/ZIP 47542

ACS 2023 · FY2027 SAFMR

ZIP 47542 Huntingburg, Pike County, Indiana

Pike 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
10,034
Households
4,000
Median HH income
$74,205
Renter share
22.3%
Median gross rent
$827
Vacancy
3.4%
Pop. change
-1.6%
2BR SAFMR
$1,040
SAFMR / rent
1.258×
2–49 unit stock
494
LIHTC proj / units
4 / 253
HUD assisted MF
3 / 70

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 47542 · IN — sent to you.

ZIP 47542 · IN

ACS median rent$827
2BR SAFMR$1,040
90% floor$936
110% ceiling$1,144

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

Housing stock

ACS 2023 units-in-structure · ZCTA 47542

  • 1-unit detached3,47884.0%
  • 1-unit attached451.1%
  • 2–4 units3027.3%
  • 5–49 units1924.6%
  • Mobile1233.0%
TypeUnitsShare
1-unit detached3,47884.0%
1-unit attached451.1%
2 units (duplex)1784.3%
3–4 units1243.0%
5–9 units651.6%
10–19 units1052.5%
20–49 units220.5%
50+ units00.0%
Mobile1233.0%

2–4 unit share 7.3% · 5–49 unit share 4.6% · combined 2–49 11.9%.

Units by bedrooms

Studio
23
1BR
284
2BR
1,062
3BR
2,080
4BR
572
5+
119

Rent burden

Rent ≥30% of income36.9%
Rent ≥50% of income28.2%
  • ACS median gross rent $827 (all bedrooms, occupied rentals).
  • Median contract rent $641.
  • Renters paying ≥30% of income 36.9%; ≥50% 28.2%.
  • FY2027 2BR SAFMR $1,040 (1.258× ACS median gross rent).

Population

10,034 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.6%.

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

Assisted inventory

  • LIHTC: 4 projects, 253 units.
  • HUD project-based assisted MF: 3 properties, 70 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 94 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 47542 22.3% of occupied households are renters; vacancy is 3.4%; ACS median gross rent is $827; population changed -1.6% between the 2018 and 2023 ACS vintages; the housing stock includes 302 units in 2–4-unit structures and 192 units in 5–49-unit structures; 4 LIHTC projects totaling 253 units; FY2027 2BR SAFMR is $1,040 versus ACS median gross rent of $827. 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 47542 is a Census / HUD profile for Pike 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 47542?

ZIP 47542 (Pike County, IN) has 10,034 residents, 4,000 households, a renter share of 22.3%, median household income of $74,205, and ACS 2023 median gross rent of $827. Vacancy is 3.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 47542?

ACS counts 178 units in 2-unit buildings, 124 in 3–4 unit buildings, 65 in 5–9, 105 in 10–19, and 22 in 20–49. Combined 2–49 unit stock is 494 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 47542?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,040. See the full schedule and 90–110% payment-standard band on the ZIP 47542 — Huntingburg, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 47542 is Census / HUD research for Pike 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.