HousingHandbookReference data

U.S. ZIP Code · IN47933

Montgomery County

Typical home value

$227,819[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.3%
5-year / yr
+6.6%
10-year / yr
+6.8%

Relative price

vs U.S.
-19.8%
vs metro
vs state
-1.5%
ZIP 47933 location in IN
Location of ZIP 47933 in IN

Price history

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

The typical home in 47933 is worth $227,819. Over the past year, values have risen 2.3%. Homes here rent for a typical $1,032 a month — a 5.4% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent
$1,032[2]
Gross yield
5.4%[2]
Cap rate
3.3%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$1,529[3]

#Climate risk

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

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

#Who lives here

Population
28,357[3]
Median household income
$68,130[3]

#Migration

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

Net migration
+72[5]
Moved in
896
Moved out
824

Schools

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

Public schools
13
Elementary
6
Middle
3
High
3
  • Crawfordsville Sr High School

    High · Grades 9–12 · Crawfordsville Community Schools

    710 students

  • Crawfordsville Middle School

    Middle · Grades 6–8 · Crawfordsville Community Schools

    559 students

  • North Montgomery High School

    High · Grades 9–12 · North Montgomery Com Sch Corp

    513 students

  • Southmont Sr High School

    High · Grades 9–12 · South Montgomery Com Sch Corp

    453 students

  • North Montgomery Middle School

    Middle · Grades 6–8 · North Montgomery Com Sch Corp

    445 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 yield5.4%
Net yield (after ~40% expenses)3.3%
Annual rent$12,380

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$1,152
Loan principal$182,255
Down payment$45,564
Total interest paid$232,457

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 ratio1.42
Monthly cost to own$1,469
Monthly rent$1,032

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 47933?
The typical home in 47933 is worth $227,819, based on the Zillow Home Value Index.
Are home values rising in 47933?
Home values in 47933 are up 2.3% over the past year, and up 6.6% a year over five years.
What is the typical rent in 47933?
A typical home in 47933 rents for about $1,032 a month, a gross rental yield of 5.4%.
What is the property tax rate in 47933?
The effective property tax rate in 47933 is 0.7% — roughly $1,529 a year on a typical home.
Who lives in 47933?
ZIP code 47933 has a population of 28,357 and a median household income of $68,130.

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