HousingHandbookReference data

U.S. ZIP Code · IN47807

Vigo County · Terre Haute, IN

Typical home value

$77,847[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-16.8%
5-year / yr
+1.7%
10-year / yr
+4.4%

Relative price

vs U.S.
-72.6%
vs metro
-51.5%
vs state
-66.4%
ZIP 47807 location in IN
Location of ZIP 47807 in IN

Price history

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

The typical home in 47807 is worth $77,847 — 51.5% below the Terre Haute, IN median. Over the past year, values have fallen 16.8%. Homes here rent for a typical $821 a month — a 12.7% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent
$821[2]
Gross yield
12.7%[2]
Cap rate
7.6%[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$769[3]

#Climate risk

FEMA National Risk Index ratings for Vigo 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 Moderate
Earthquake
Relatively Moderate
Winter weather
Relatively High

#Who lives here

Population
13,140[3]
Median household income
$24,706[3]

#Migration

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

Net migration
-57[5]
Moved in
2,394
Moved out
2,451

Schools

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

Public schools
3
Elementary
2
Middle
0
High
0
  • Benjamin Franklin Elem School

    Elementary · Grades PK–5 · Vigo County School Corp

    409 students

  • Davis Park Elementary School

    Elementary · Grades PK–5 · Vigo County School Corp

    326 students

  • Covered Bridge Special Ed District

    Other · Grades PK–12 · Covered Bridge Spec Ed Dist

    0 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 yield12.7%
Net yield (after ~40% expenses)7.6%
Annual rent$9,848

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$394
Loan principal$62,278
Down payment$15,569
Total interest paid$79,432

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 ratio0.64
Monthly cost to own$523
Monthly rent$821

Owning 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
3rd percentile[1]
Rental yield
100th percentile[2]
Property tax
100th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 47807?
The typical home in 47807 is worth $77,847, based on the Zillow Home Value Index.
Are home values rising in 47807?
Home values in 47807 are down 16.8% over the past year, and up 1.7% a year over five years.
What is the typical rent in 47807?
A typical home in 47807 rents for about $821 a month, a gross rental yield of 12.7%.
What is the property tax rate in 47807?
The effective property tax rate in 47807 is 1.0% — roughly $769 a year on a typical home.
Who lives in 47807?
ZIP code 47807 has a population of 13,140 and a median household income of $24,706.

#Comparable ZIPs

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

  • Hymera, IN

    Typical home
    $75,398
    Gross yield
  • Universal, IN

    Typical home
    $80,809
    Gross yield
  • Newport, IN

    Typical home
    $86,973
    Gross yield
  • Terre Haute, IN

    Typical home
    $102,658
    Gross yield
    9.9%
  • Cayuga, IN

    Typical home
    $126,275
    Gross yield
  • Knightsville, IN

    Typical home
    $127,709
    Gross yield

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