Housing market/Indiana/ZIP 47712

ACS 2023 · FY2027 SAFMR

ZIP 47712 Evansville, Indiana

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

Population
24,999
Households
9,847
Median HH income
$64,285
Renter share
37.0%
Median gross rent
$933
Vacancy
8.8%
Pop. change
-7.0%
2BR SAFMR
$1,090
SAFMR / rent
1.168×
2–49 unit stock
2,151
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 47712 · IN — sent to you.

ZIP 47712 · IN

ACS median rent$933
2BR SAFMR$1,090
90% floor$981
110% ceiling$1,199

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

Housing stock

ACS 2023 units-in-structure · ZCTA 47712

  • 1-unit detached7,78272.1%
  • 1-unit attached2202.0%
  • 2–4 units5565.2%
  • 5–49 units1,59514.8%
  • 50+ units4494.2%
  • Mobile1931.8%
TypeUnitsShare
1-unit detached7,78272.1%
1-unit attached2202.0%
2 units (duplex)1481.4%
3–4 units4083.8%
5–9 units7126.6%
10–19 units5475.1%
20–49 units3363.1%
50+ units4494.2%
Mobile1931.8%

2–4 unit share 5.2% · 5–49 unit share 14.8% · combined 2–49 19.9%.

Units by bedrooms

Studio
132
1BR
1,508
2BR
2,909
3BR
4,109
4BR
1,893
5+
244

Rent burden

Rent ≥30% of income39.8%
Rent ≥50% of income22.1%
  • ACS median gross rent $933 (all bedrooms, occupied rentals).
  • Median contract rent $763.
  • Renters paying ≥30% of income 39.8%; ≥50% 22.1%.
  • FY2027 2BR SAFMR $1,090 (1.168× ACS median gross rent).

Population

24,999 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -7.0%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • 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 47712 37.0% of occupied households are renters; vacancy is 8.8%; ACS median gross rent is $933; population changed -7.0% between the 2018 and 2023 ACS vintages; the housing stock includes 556 units in 2–4-unit structures and 1,595 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,090 versus ACS median gross rent of $933. 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 47712 is a Census / HUD profile for Evansville, 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 47712?

ZIP 47712 (Evansville, IN MSA) has 24,999 residents, 9,847 households, a renter share of 37.0%, median household income of $64,285, and ACS 2023 median gross rent of $933. Vacancy is 8.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 47712?

ACS counts 148 units in 2-unit buildings, 408 in 3–4 unit buildings, 712 in 5–9, 547 in 10–19, and 336 in 20–49. Combined 2–49 unit stock is 2,151 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 47712?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,090. See the full schedule and 90–110% payment-standard band on the ZIP 47712 — Evansville, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 47712 is Census / HUD research for Evansville, IN MSA. 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.