How much is a home worth in ZIP code 47712?

The typical home in 47712 is worth $206,197, based on the Zillow Home Value Index.

Are home values rising in 47712?

Home values in 47712 are up 4.0% over the past year, and up 5.9% a year over five years.

What is the typical rent in 47712?

A typical home in 47712 rents for about $943 a month, a gross rental yield of 5.5%.

What is the property tax rate in 47712?

The effective property tax rate in 47712 is 0.6% — roughly $1,193 a year on a typical home.

ZIP code 47712 has a population of 25,444 and a median household income of $68,494.

HousingHandbookReference data

…

U.S. ZIP Code · IN47712

Vanderburgh County · Evansville, IN

Typical home value

$206,197^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.0%
5-year / yr: +5.9%
10-year / yr: +6.2%

Relative price

vs U.S.: -27.4%
vs metro: -8.2%
vs state: -10.9%

Price history

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

The typical home in 47712 is worth $206,197 — 8.2% below the Evansville, IN median. Over the past year, values have risen 4.0%. Homes here rent for a typical $943 a month — a 5.5% gross rental yield. 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: $943^[2]
Gross yield: 5.5%^[2]
Cap rate: 3.3%^[2]

#Property tax

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

Effective tax rate: 0.6%^[3]
Typical annual tax: $1,193^[3]

#Climate risk

FEMA National Risk Index ratings for Vanderburgh 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 Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 25,444^[3]
Median household income: $68,494^[3]

#Migration

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

Net migration: -164^[5]
Moved in: 4,296
Moved out: 4,460

Schools

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

Public schools: 6
Elementary: 3
Middle: 2
High: 1

Francis Joseph Reitz High School
High · Grades 9–12 · Evansville Vanderburgh School Corp
1,321 students
Helfrich Park STEM Academy
Middle · Grades 6–8 · Evansville Vanderburgh School Corp
510 students
West Terrace Elementary School
Elementary · Grades K–5 · Evansville Vanderburgh School Corp
510 students
Perry Heights Middle School
Middle · Grades 6–8 · Evansville Vanderburgh School Corp
484 students
Tekoppel Elementary School
Elementary · Grades K–5 · Evansville Vanderburgh School Corp
427 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.

Home value$Monthly rent$

Gross yield5.5%

Net yield (after ~40% expenses)3.3%

Annual rent$11,319

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,043

Loan principal$164,958

Down payment$41,239

Total interest paid$210,395

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.39

Monthly cost to own$1,314

Monthly rent$943

Renting is meaningfully cheaper month-to-month.

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: 28th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 11th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 47712?: The typical home in 47712 is worth $206,197, based on the Zillow Home Value Index.
Are home values rising in 47712?: Home values in 47712 are up 4.0% over the past year, and up 5.9% a year over five years.
What is the typical rent in 47712?: A typical home in 47712 rents for about $943 a month, a gross rental yield of 5.5%.
What is the property tax rate in 47712?: The effective property tax rate in 47712 is 0.6% — roughly $1,193 a year on a typical home.
Who lives in 47712?: ZIP code 47712 has a population of 25,444 and a median household income of $68,494.

#Comparable ZIPs

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

47523 vs 47712 →
Dale, IN
Typical home
$204,102
Gross yield
—
47633 vs 47712 →
Poseyville, IN
Typical home
$213,371
Gross yield
—
47631
New Harmony, IN
Typical home
$213,897
Gross yield
—
47610
Chandler, IN
Typical home
$214,890
Gross yield
—
47620
Mount Vernon, IN
Typical home
$221,879
Gross yield
—
47711
Evansville, IN
Typical home
$187,429
Gross yield
5.6%

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Pit ZIP 47712 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · IN47712

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