ZIP 47528 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 47528 in the Sullivan County, IN FMR area.

Sullivan County, IN

$860Efficiency
$8701 bedroom
$1,1402 bedrooms
$1,5003 bedrooms
$1,5504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$860$774$946$810
1 bedroom$870$783$957$816
2 bedrooms$1,140$1,026$1,254$1,067
3 bedrooms$1,500$1,350$1,650$1,370
4 bedrooms$1,550$1,395$1,705$1,783

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

Knox County, IN

$860Efficiency
$8701 bedroom
$1,1402 bedrooms
$1,5003 bedrooms
$1,5504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$860$774$946$769
1 bedroom$870$783$957$775
2 bedrooms$1,140$1,026$1,254$1,014
3 bedrooms$1,500$1,350$1,650$1,332
4 bedrooms$1,550$1,395$1,705$1,333

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

Income in ZIP 47528

$67,060average adjusted gross income per tax return (2022)
$39,767average salaries and wages per return
300tax returns filed
20%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00033.3%
$25,000 to $50,00020.0%
$50,000 to $75,00020.0%
$75,000 to $100,00010.0%
$100,000 to $200,00016.7%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 13.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 47528?

HUD's FY2027 Small Area FMRs for ZIP 47528 (Sullivan County, IN) are $860 efficiency, $870 one bedroom, $1,140 two bedrooms, $1,500 three and $1,550 four bedrooms.

What payment standard can a housing authority set in ZIP 47528?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,026 to $1,254.

How affordable is rent in ZIP 47528?

Tax returns filed from ZIP 47528 reported an average adjusted gross income of $67,060 (2022). A two-bedroom unit at the Small Area FMR costs $13,680 a year, or 20% of that income.