How much is a home worth in ZIP code 47715?

The typical home in 47715 is worth $237,562, based on the Zillow Home Value Index.

Are home values rising in 47715?

Home values in 47715 are up 4.6% over the past year, and up 6.3% a year over five years.

What is the typical rent in 47715?

A typical home in 47715 rents for about $1,388 a month, a gross rental yield of 7.0%.

What is the property tax rate in 47715?

The effective property tax rate in 47715 is 0.9% — roughly $2,152 a year on a typical home.

ZIP code 47715 has a population of 29,280 and a median household income of $60,897.

HousingHandbookReference data

…

U.S. ZIP Code · IN47715

Vanderburgh County · Evansville, IN

Typical home value

$237,562^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.6%
5-year / yr: +6.3%
10-year / yr: +6.3%

Relative price

vs U.S.: -16.4%
vs metro: +5.7%
vs state: +2.7%

Price history

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

The typical home in 47715 is worth $237,562 — 5.7% above the Evansville, IN median. Over the past year, values have risen 4.6%. Homes here rent for a typical $1,388 a month — a 7.0% gross rental yield. 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: $1,388^[2]
Gross yield: 7.0%^[2]
Cap rate: 4.2%^[2]

#Property tax

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

Effective tax rate: 0.9%^[3]
Typical annual tax: $2,152^[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: 29,280^[3]
Median household income: $60,897^[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: 4
Elementary: 2
Middle: 1
High: 1

William Henry Harrison High School
High · Grades 9–12 · Evansville Vanderburgh School Corp
1,209 students
Plaza Park International Prep Acad
Middle · Grades 6–8 · Evansville Vanderburgh School Corp
592 students
Stockwell Elementary School
Elementary · Grades K–5 · Evansville Vanderburgh School Corp
523 students
Caze Elementary School
Elementary · Grades PK–5 · Evansville Vanderburgh School Corp
440 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 yield7.0%

Net yield (after ~40% expenses)4.2%

Annual rent$16,660

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$1,201

Loan principal$190,049

Down payment$47,512

Total interest paid$242,398

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 ratio1.14

Monthly cost to own$1,579

Monthly rent$1,388

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: 56th percentile^[1]
Rental yield: 67th percentile^[2]
Property tax: 100th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 47715?: The typical home in 47715 is worth $237,562, based on the Zillow Home Value Index.
Are home values rising in 47715?: Home values in 47715 are up 4.6% over the past year, and up 6.3% a year over five years.
What is the typical rent in 47715?: A typical home in 47715 rents for about $1,388 a month, a gross rental yield of 7.0%.
What is the property tax rate in 47715?: The effective property tax rate in 47715 is 0.9% — roughly $2,152 a year on a typical home.
Who lives in 47715?: ZIP code 47715 has a population of 29,280 and a median household income of $60,897.

#Comparable ZIPs

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

47708 vs 47715 →
Evansville, IN
Typical home
$238,433
Gross yield
—
47619 vs 47715 →
Lynnville, IN
Typical home
$234,296
Gross yield
—
47601
Boonville, IN
Typical home
$227,482
Gross yield
—
47620
Mount Vernon, IN
Typical home
$221,879
Gross yield
—
47637
Tennyson, IN
Typical home
$253,255
Gross yield
—
47610
Chandler, IN
Typical home
$214,890
Gross yield
—

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#Jump to section

U.S. ZIP Code · IN47715

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