HousingHandbookReference data

U.S. ZIP Code · IN47162

Clark County · Louisville/Jefferson County, KY-IN

Typical home value

$229,644[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.6%
5-year / yr
+5.7%
10-year / yr
+7.3%

Relative price

vs U.S.
-19.2%
vs metro
-14.7%
vs state
≈ state median
ZIP 47162 location in IN
Location of ZIP 47162 in IN

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 47162 is worth $229,644 — 14.7% below the Louisville/Jefferson County, KY-IN median. Over the past year, values have risen 1.6%. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$2,118[3]

#Climate risk

FEMA National Risk Index ratings for Clark County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
514[3]
Median household income
$59,444[3]

#Migration

Household moves in and out of Clark County over a year, from IRS tax-return data.

Net migration
+507[5]
Moved in
4,103
Moved out
3,596

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
1
Middle
0
High
1
  • New Washington Middle/High School

    High · Grades 6–12 · Greater Clark County Schools

    335 students

  • New Washington Elementary School

    Elementary · Grades PK–5 · Greater Clark County Schools

    311 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,161
Loan principal$183,715
Down payment$45,929
Total interest paid$234,318

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,529
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
58th percentile[1]
Rental yield
[2]
Property tax
93rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 47162?
The typical home in 47162 is worth $229,644, based on the Zillow Home Value Index.
Are home values rising in 47162?
Home values in 47162 are up 1.6% over the past year, and up 5.7% a year over five years.
What is the property tax rate in 47162?
The effective property tax rate in 47162 is 0.9% — roughly $2,118 a year on a typical home.
Who lives in 47162?
ZIP code 47162 has a population of 514 and a median household income of $59,444.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Fredericksburg CDP, IN

    Typical home
    $229,202
    Gross yield
  • Louisville/Jefferson County metro government (balance), KY

    Typical home
    $228,253
    Gross yield
    8.0%
  • Campbellsburg, KY

    Typical home
    $228,112
    Gross yield
  • Eminence, KY

    Typical home
    $232,298
    Gross yield
  • KY

    Typical home
    $232,652
    Gross yield
  • Palmyra, IN

    Typical home
    $233,537
    Gross yield

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