Housing market/Indiana/ZIP 47590

ACS 2023 · FY2027 SAFMR

ZIP 47590 Velpen, 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
550
Households
188
Median HH income
$104,250
Renter share
16.0%
Median gross rent
—
Vacancy
23.9%
Pop. change
+31.3%
2BR SAFMR
$1,080
SAFMR / rent
—
2–49 unit stock
—
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 47590 · IN — sent to you.

ZIP 47590 · IN

2BR SAFMR$1,080
90% floor$972
110% ceiling$1,188

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

Housing stock

ACS 2023 units-in-structure · ZCTA 47590

  • 1-unit detached17269.6%
  • Mobile7530.4%
TypeUnitsShare
1-unit detached17269.6%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile7530.4%

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

Units by bedrooms

Studio
0
1BR
0
2BR
127
3BR
88
4BR
0
5+
32

Rent burden

Rent ≥30% of income0.0%
Rent ≥50% of income0.0%
  • Renters paying ≥30% of income 0.0%; ≥50% 0.0%.

Population

550 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +31.3%.

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 12 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 47590 16.0% of occupied households are renters; vacancy is 23.9%; population increased +31.3% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 0 units in 5–49-unit structures. 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 47590 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 47590?

ZIP 47590 (Pike County, IN) has 550 residents, 188 households, a renter share of 16.0%, median household income of $104,250, and ACS 2023 median gross rent of —. Vacancy is 23.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 47590?

ACS counts 0 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 — units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 47590?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,080. See the full schedule and 90–110% payment-standard band on the ZIP 47590 — Velpen, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 47590 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.