Housing market/Indiana/ZIP 47023

ACS 2023 · FY2027 SAFMR

ZIP 47023 Holton, 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
2,076
Households
907
Median HH income
$68,438
Renter share
20.3%
Median gross rent
$1,053
Vacancy
15.9%
Pop. change
+22.8%
2BR SAFMR
$1,210
SAFMR / rent
1.149×
2–49 unit stock
3
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 47023 · IN — sent to you.

ZIP 47023 · IN

ACS median rent$1,053
2BR SAFMR$1,210
90% floor$1,089
110% ceiling$1,331

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

Housing stock

ACS 2023 units-in-structure · ZCTA 47023

  • 1-unit detached87180.8%
  • 1-unit attached90.8%
  • 2–4 units30.3%
  • Mobile19518.1%
TypeUnitsShare
1-unit detached87180.8%
1-unit attached90.8%
2 units (duplex)30.3%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile19518.1%

2–4 unit share 0.3% · 5–49 unit share 0.0% · combined 2–49 0.3%.

Units by bedrooms

Studio
0
1BR
89
2BR
232
3BR
645
4BR
102
5+
10

Rent burden

Rent ≥30% of income31.5%
Rent ≥50% of income19.0%
  • ACS median gross rent $1,053 (all bedrooms, occupied rentals).
  • Median contract rent $645.
  • Renters paying ≥30% of income 31.5%; ≥50% 19.0%.
  • FY2027 2BR SAFMR $1,210 (1.149× ACS median gross rent).

Population

2,076 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +22.8%.

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 47023 20.3% of occupied households are renters; vacancy is 15.9%; ACS median gross rent is $1,053; population increased +22.8% between the 2018 and 2023 ACS vintages; the housing stock includes 3 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,210 versus ACS median gross rent of $1,053. 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 47023 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 47023?

ZIP 47023 (Ripley County, IN) has 2,076 residents, 907 households, a renter share of 20.3%, median household income of $68,438, and ACS 2023 median gross rent of $1,053. Vacancy is 15.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 47023?

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

What is the Section 8 rent in 47023?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,210. See the full schedule and 90–110% payment-standard band on the ZIP 47023 — Holton, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 47023 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.