ZIP 47449 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 47449 in the Daviess County, IN FMR area.

Daviess County, IN

$800Efficiency

$8101 bedroom

$1,0602 bedrooms

$1,3103 bedrooms

$1,5204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$815
1 bedroom	$810	$729	$891	$833
2 bedrooms	$1,060	$954	$1,166	$1,090
3 bedrooms	$1,310	$1,179	$1,441	$1,336
4 bedrooms	$1,520	$1,368	$1,672	$1,433

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

Greene County, IN

$800Efficiency

$8101 bedroom

$1,0602 bedrooms

$1,3103 bedrooms

$1,5204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$770
1 bedroom	$810	$729	$891	$775
2 bedrooms	$1,060	$954	$1,166	$1,014
3 bedrooms	$1,310	$1,179	$1,441	$1,266
4 bedrooms	$1,520	$1,368	$1,672	$1,533

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

Martin County, IN

$800Efficiency

$8101 bedroom

$1,0602 bedrooms

$1,3103 bedrooms

$1,5204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$759
1 bedroom	$810	$729	$891	$775
2 bedrooms	$1,060	$954	$1,166	$1,014
3 bedrooms	$1,310	$1,179	$1,441	$1,208
4 bedrooms	$1,520	$1,368	$1,672	$1,536

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

Income in ZIP 47449

$62,804average adjusted gross income per tax return (2022)

$42,081average salaries and wages per return

260tax returns filed

20%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	26.9%
$25,000 to $50,000	23.1%
$50,000 to $75,000	19.2%
$75,000 to $100,000	11.5%
$100,000 to $200,000	19.2%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 11.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 47449?

HUD's FY2027 Small Area FMRs for ZIP 47449 (Daviess County, IN) are $800 efficiency, $810 one bedroom, $1,060 two bedrooms, $1,310 three and $1,520 four bedrooms.

What payment standard can a housing authority set in ZIP 47449?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $954 to $1,166.

How affordable is rent in ZIP 47449?

Tax returns filed from ZIP 47449 reported an average adjusted gross income of $62,804 (2022). A two-bedroom unit at the Small Area FMR costs $12,720 a year, or 20% of that income.