HousingHandbookReference data

U.S. ZIP Code · IN47637

Warrick County · Evansville, IN

Typical home value

$253,255[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+9.8%
5-year / yr
+7.7%
10-year / yr
+7.1%

Relative price

vs U.S.
-10.8%
vs metro
+12.7%
vs state
+9.5%
ZIP 47637 location in IN
Location of ZIP 47637 in IN

Price history

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

The typical home in 47637 is worth $253,255 — 12.7% above the Evansville, IN median. Over the past year, values have risen 9.8%. 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
$1,593[3]

#Climate risk

FEMA National Risk Index ratings for Warrick 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 Moderate
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
1,195[3]
Median household income
$61,298[3]

#Migration

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

Net migration
+108[5]
Moved in
2,046
Moved out
1,938

Schools

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

Public schools
1
Elementary
1
Middle
0
High
0
  • Tennyson Elementary School

    Elementary · Grades K–5 · Warrick County School Corp

    58 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$1,281
Loan principal$202,604
Down payment$50,651
Total interest paid$258,410

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$1,625
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
100th percentile[1]
Rental yield
[2]
Property tax
26th percentile[3]

Frequently asked

How much is a home worth in ZIP code 47637?
The typical home in 47637 is worth $253,255, based on the Zillow Home Value Index.
Are home values rising in 47637?
Home values in 47637 are up 9.8% over the past year, and up 7.7% a year over five years.
What is the property tax rate in 47637?
The effective property tax rate in 47637 is 0.6% — roughly $1,593 a year on a typical home.
Who lives in 47637?
ZIP code 47637 has a population of 1,195 and a median household income of $61,298.

#Comparable ZIPs

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

  • Elberfeld, IN

    Typical home
    $262,190
    Gross yield
  • Evansville, IN

    Typical home
    $266,817
    Gross yield
  • Evansville, IN

    Typical home
    $238,433
    Gross yield
  • Evansville, IN

    Typical home
    $237,562
    Gross yield
    7.0%
  • Lynnville, IN

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

    Typical home
    $227,482
    Gross yield

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