HousingHandbookReference data

U.S. ZIP Code · IN47620

Posey County · Evansville, IN

Typical home value

$221,879[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.1%
5-year / yr
+6.2%
10-year / yr
+6.4%

Relative price

vs U.S.
-21.9%
vs metro
-1.2%
vs state
-4.1%
ZIP 47620 location in IN
Location of ZIP 47620 in IN

Price history

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

The typical home in 47620 is worth $221,879 — 1.2% below the Evansville, IN median. Over the past year, values have risen 3.1%. The effective property tax rate is 0.6%.

#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
0.6%[3]
Typical annual tax
$1,413[3]

#Climate risk

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

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

#Who lives here

Population
12,361[3]
Median household income
$75,681[3]

#Migration

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

Net migration
-7[5]
Moved in
613
Moved out
620

Schools

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

Public schools
5
Elementary
3
Middle
1
High
1
  • Mount Vernon High School

    High · Grades 9–12 · MSD Mount Vernon

    576 students

  • Mount Vernon Jr High School

    Middle · Grades 6–8 · MSD Mount Vernon

    513 students

  • West Elementary School

    Elementary · Grades K–5 · MSD Mount Vernon

    343 students

  • Marrs Elementary School

    Elementary · Grades K–5 · MSD Mount Vernon

    318 students

  • Farmersville Elementary School

    Elementary · Grades PK–5 · MSD Mount Vernon

    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$1,122
Loan principal$177,503
Down payment$44,376
Total interest paid$226,395

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$1,425
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
50th percentile[1]
Rental yield
[2]
Property tax
32nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 47620?
The typical home in 47620 is worth $221,879, based on the Zillow Home Value Index.
Are home values rising in 47620?
Home values in 47620 are up 3.1% over the past year, and up 6.2% a year over five years.
What is the property tax rate in 47620?
The effective property tax rate in 47620 is 0.6% — roughly $1,413 a year on a typical home.
Who lives in 47620?
ZIP code 47620 has a population of 12,361 and a median household income of $75,681.

#Comparable ZIPs

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

  • Boonville, IN

    Typical home
    $227,482
    Gross yield
  • Chandler, IN

    Typical home
    $214,890
    Gross yield
  • New Harmony, IN

    Typical home
    $213,897
    Gross yield
  • Poseyville, IN

    Typical home
    $213,371
    Gross yield
  • Lynnville, IN

    Typical home
    $234,296
    Gross yield
  • Evansville, IN

    Typical home
    $206,197
    Gross yield
    5.5%

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