ZIP 47946 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 47946 in the Jasper County, IN FMR area.

Jasper County, IN

$1,110Efficiency
$1,2901 bedroom
$1,4802 bedrooms
$2,0403 bedrooms
$2,4404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,110$999$1,221$1,024
1 bedroom$1,290$1,161$1,419$1,031
2 bedrooms$1,480$1,332$1,628$1,349
3 bedrooms$2,040$1,836$2,244$1,741
4 bedrooms$2,440$2,196$2,684$1,773

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

Pulaski County, IN

$1,110Efficiency
$1,2901 bedroom
$1,4802 bedrooms
$2,0403 bedrooms
$2,4404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,110$999$1,221$759
1 bedroom$1,290$1,161$1,419$893
2 bedrooms$1,480$1,332$1,628$1,014
3 bedrooms$2,040$1,836$2,244$1,404
4 bedrooms$2,440$2,196$2,684$1,695

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

Income in ZIP 47946

$78,166average adjusted gross income per tax return (2022)
$43,037average salaries and wages per return
860tax returns filed
23%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00024.4%
$25,000 to $50,00022.1%
$50,000 to $75,00018.6%
$75,000 to $100,00011.6%
$100,000 to $200,00016.3%
$200,000 or more7.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 12.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 47946?

HUD's FY2027 Small Area FMRs for ZIP 47946 (Jasper County, IN) are $1,110 efficiency, $1,290 one bedroom, $1,480 two bedrooms, $2,040 three and $2,440 four bedrooms.

What payment standard can a housing authority set in ZIP 47946?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,332 to $1,628.

How affordable is rent in ZIP 47946?

Tax returns filed from ZIP 47946 reported an average adjusted gross income of $78,166 (2022). A two-bedroom unit at the Small Area FMR costs $17,760 a year, or 23% of that income.