ZIP 47170 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 47170 in the Washington County, IN FMR area.

Washington County, IN

$850Efficiency
$8701 bedroom
$1,1302 bedrooms
$1,4403 bedrooms
$1,5104 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$850$765$935$770
1 bedroom$870$783$957$775
2 bedrooms$1,130$1,017$1,243$1,014
3 bedrooms$1,440$1,296$1,584$1,222
4 bedrooms$1,510$1,359$1,661$1,333

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Jefferson County, IN

$850Efficiency
$8701 bedroom
$1,1302 bedrooms
$1,4403 bedrooms
$1,5104 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$850$765$935$752
1 bedroom$870$783$957$862
2 bedrooms$1,130$1,017$1,243$1,041
3 bedrooms$1,440$1,296$1,584$1,313
4 bedrooms$1,510$1,359$1,661$1,636

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Scott County, IN

$850Efficiency
$8701 bedroom
$1,1302 bedrooms
$1,4403 bedrooms
$1,5104 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$850$765$935$783
1 bedroom$870$783$957$800
2 bedrooms$1,130$1,017$1,243$1,047
3 bedrooms$1,440$1,296$1,584$1,341
4 bedrooms$1,510$1,359$1,661$1,400

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 47170

$56,404average adjusted gross income per tax return (2022)
$43,479average salaries and wages per return
6,780tax returns filed
24%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00031.6%
$25,000 to $50,00027.0%
$50,000 to $75,00016.8%
$75,000 to $100,0009.7%
$100,000 to $200,00012.8%
$200,000 or more2.1%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 16.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 47170?

HUD's FY2027 Small Area FMRs for ZIP 47170 (Washington County, IN) are $850 efficiency, $870 one bedroom, $1,130 two bedrooms, $1,440 three and $1,510 four bedrooms.

What payment standard can a housing authority set in ZIP 47170?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,017 to $1,243.

How affordable is rent in ZIP 47170?

Tax returns filed from ZIP 47170 reported an average adjusted gross income of $56,404 (2022). A two-bedroom unit at the Small Area FMR costs $13,560 a year, or 24% of that income.