Housing market/Indiana/ZIP 46071

ACS 2023 · FY2027 SAFMR

ZIP 46071 Thorntown, Montgomery County, Indiana

Montgomery 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
3,229
Households
1,213
Median HH income
$81,755
Renter share
15.2%
Median gross rent
$925
Vacancy
11.7%
Pop. change
-4.5%
2BR SAFMR
$1,280
SAFMR / rent
1.384×
2–49 unit stock
47
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 46071 · IN — sent to you.

ZIP 46071 · IN

ACS median rent$925
2BR SAFMR$1,280
90% floor$1,152
110% ceiling$1,408

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

Housing stock

ACS 2023 units-in-structure · ZCTA 46071

  • 1-unit detached1,25791.6%
  • 1-unit attached20.1%
  • 2–4 units181.3%
  • 5–49 units292.1%
  • Mobile674.9%
TypeUnitsShare
1-unit detached1,25791.6%
1-unit attached20.1%
2 units (duplex)70.5%
3–4 units110.8%
5–9 units292.1%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile674.9%

2–4 unit share 1.3% · 5–49 unit share 2.1% · combined 2–49 3.4%.

Units by bedrooms

Studio
2
1BR
26
2BR
366
3BR
640
4BR
277
5+
62

Rent burden

Rent ≥30% of income39.7%
Rent ≥50% of income23.9%
  • ACS median gross rent $925 (all bedrooms, occupied rentals).
  • Median contract rent $639.
  • Renters paying ≥30% of income 39.7%; ≥50% 23.9%.
  • FY2027 2BR SAFMR $1,280 (1.384× ACS median gross rent).

Population

3,229 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -4.5%.

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 288 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 46071 15.2% of occupied households are renters; vacancy is 11.7%; ACS median gross rent is $925; population changed -4.5% between the 2018 and 2023 ACS vintages; the housing stock includes 18 units in 2–4-unit structures and 29 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,280 versus ACS median gross rent of $925. 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 46071 is a Census / HUD profile for Montgomery 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 46071?

ZIP 46071 (Montgomery County, IN) has 3,229 residents, 1,213 households, a renter share of 15.2%, median household income of $81,755, and ACS 2023 median gross rent of $925. Vacancy is 11.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 46071?

ACS counts 7 units in 2-unit buildings, 11 in 3–4 unit buildings, 29 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 47 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 46071?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,280. See the full schedule and 90–110% payment-standard band on the ZIP 46071 — Thorntown, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 46071 is Census / HUD research for Montgomery 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.