Housing market/Indiana/ZIP 47353

ACS 2023 · FY2027 SAFMR

ZIP 47353 Liberty, Wayne County, Indiana

Wayne 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
5,111
Households
2,141
Median HH income
$80,391
Renter share
18.4%
Median gross rent
$794
Vacancy
13.2%
Pop. change
-8.0%
2BR SAFMR
$1,020
SAFMR / rent
1.285×
2–49 unit stock
225
LIHTC proj / units
1 / 36
HUD assisted MF
1 / 50

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 47353 · IN — sent to you.

ZIP 47353 · IN

ACS median rent$794
2BR SAFMR$1,020
90% floor$918
110% ceiling$1,122

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

Housing stock

ACS 2023 units-in-structure · ZCTA 47353

  • 1-unit detached2,04482.9%
  • 1-unit attached351.4%
  • 2–4 units1224.9%
  • 5–49 units1034.2%
  • 50+ units180.7%
  • Mobile1445.8%
TypeUnitsShare
1-unit detached2,04482.9%
1-unit attached351.4%
2 units (duplex)351.4%
3–4 units873.5%
5–9 units743.0%
10–19 units291.2%
20–49 units00.0%
50+ units180.7%
Mobile1445.8%

2–4 unit share 4.9% · 5–49 unit share 4.2% · combined 2–49 9.1%.

Units by bedrooms

Studio
0
1BR
223
2BR
570
3BR
1,076
4BR
502
5+
95

Rent burden

Rent ≥30% of income34.9%
Rent ≥50% of income15.5%
  • ACS median gross rent $794 (all bedrooms, occupied rentals).
  • Median contract rent $625.
  • Renters paying ≥30% of income 34.9%; ≥50% 15.5%.
  • FY2027 2BR SAFMR $1,020 (1.285× ACS median gross rent).

Population

5,111 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.0%.

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

Assisted inventory

  • LIHTC: 1 projects, 36 units.
  • HUD project-based assisted MF: 1 properties, 50 assisted units.
  • 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 47353 18.4% of occupied households are renters; vacancy is 13.2%; ACS median gross rent is $794; population changed -8.0% between the 2018 and 2023 ACS vintages; the housing stock includes 122 units in 2–4-unit structures and 103 units in 5–49-unit structures; 1 LIHTC projects totaling 36 units; FY2027 2BR SAFMR is $1,020 versus ACS median gross rent of $794. 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 47353 is a Census / HUD profile for Wayne 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 47353?

ZIP 47353 (Wayne County, IN) has 5,111 residents, 2,141 households, a renter share of 18.4%, median household income of $80,391, and ACS 2023 median gross rent of $794. Vacancy is 13.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 47353?

ACS counts 35 units in 2-unit buildings, 87 in 3–4 unit buildings, 74 in 5–9, 29 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 225 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 47353?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,020. See the full schedule and 90–110% payment-standard band on the ZIP 47353 — Liberty, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 47353 is Census / HUD research for Wayne 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.