Housing data for Spice Valley Township, IN
Spice Valley Township, IN has an estimated 1,925 residents and 823 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Lawrence County.
7.9% of households rent.
Figures last updated on .
- Residents
- 1,925 (±334)
- Housing units
- 823 (±141)
- Households that rent
- 7.9%
- Residents since 2015–2019
- −15.8%
What stands out in Spice Valley Township
Households that rent: 7.9% (±5.8 points) in Spice Valley Township, lower than in Lawrence County (19.3%).
Average commute: 35.1 minutes (±5.2) in Spice Valley Township, higher than in Lawrence County (27.2 minutes).
Homes built before 1980: 42.1% (±15.3 points) in Spice Valley Township, lower than in Lawrence County (58.2%).
Housing in Spice Valley Township at a glance
- Rent burden: 100.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 7.9% of households rent (Small sample: wide margin of error)
- Income and affordability: $81,667 median household income
- Home values: $172,100 median home value
- Homeowner costs: $1,240 median monthly cost with a mortgage
- Property taxes: $956 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 78.0% of homes have 3 or more bedrooms
- Age of homes: 42.1% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 44.9% heat with electricity
- Commute and cars: 35.1 minutes average trip to work
- Growth: −15.8% residents since 2015–2019
- How long people stay: 13.7% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 2.3% of homes have more than 1 person per room (Small sample: wide margin of error)
- Fair Market Rent: $1,050 Small Area FMR, 2 bedrooms (ZIP 47437)
Spice Valley Township against Lawrence County, its state and the nation
| Spice Valley Township | Lawrence County | Indiana | United States | |
|---|---|---|---|---|
| Residents | 1,925 (±334) | 45,102 (exact) | 6,851,073 (exact) | 334,922,499 |
| Housing units | 823 (±141) | 20,545 (±46) | 2,976,568 (±617) | 143,775,355 |
| Households that rent | 7.9% (±5.8 points) | 19.3% (±1.7 points) | 29.4% (±0.3 points) | 34.8% |
| Median gross rent | — | $845 (±$31) | $1,062 (±$5) | $1,413 |
| Median household income | $81,667 (±$27,141) | $66,468 (±$3,421) | $71,957 (±$352) | $80,734 |
| Median home value | $172,100 (±$19,307) | $175,000 (±$10,570) | $218,200 (±$739) | $332,700 |
| Median real estate taxes (a year) | $956 (±$264) | $1,049 (±$81) | $1,614 (±$9) | $3,119 |
| Built before 1980 | 42.1% (±15.3 points) | 58.2% (±3.8 points) | 55.0% (±0.3 points) | 49.7% |
| Average commute | 35.1 minutes (±5.2) | 27.2 minutes (±1.6) | 24.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 80.2% (±9.6 points) | 84.1% (±2.1 points) | 89.9% (±0.2 points) | 91.0% |
| Median age of residents | 43.0 years (±10.0) | 43.3 years (±0.4) | 38.1 years (±0.2) | 38.9 years |
Spice Valley Township covers 70.3 square miles of land, about 27 residents per square mile (Census Bureau Gazetteer).
How Spice Valley Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,287 (±384) | 1,925 (±334) | −15.8% | Not a measurable change |
| Housing units | 1,254 (±167) | 823 (±141) | −34.4% | Measurable decrease |
| Median home value | $112,800 (±$27,545) | $172,100 (±$19,307) | +52.6% | No measurable change after inflation |
| Median household income | $64,677 (±$12,711) | $81,667 (±$27,141) | +26.3% | No measurable change after inflation |
| Median owner cost with a mortgage | $959 (±$382) | $1,240 (±$120) | +29.3% | No measurable change after inflation |
| Median real estate taxes | $718 (±$270) | $956 (±$264) | +33.1% | No measurable change after inflation |
| Households that rent | 17.8% (±10.5 points) | 7.9% (±5.8 points) | −9.9 percentage points | Not a measurable change |
| Rental vacancy rate | 18.1% (±24.5 points) | 0.0% (±41.8 points) | −18.1 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Lawrence County
Spice Valley Township has no police department of its own in the FBI’s figures, so this is the figure for Lawrence County as a whole.
In 2024, the police departments that report for Lawrence County recorded 118 violent and 179 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Spice Valley Township
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 47437 | 100% | 15 | — | — | — |
| 47470 | 64% | 1,646 | $950 | $189,100 | $90,750 |
| 47446 | 29% | 9,133 | $880 | $146,000 | $50,337 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Spice Valley Township
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Marion Township (Lawrence County) | 6.4 mi | $895 | $156,700 | 21.2% |
| Mitchell | 7.1 mi | $849 | $114,500 | 38.4% |
| Indian Creek Township (Lawrence County) | 7.4 mi | $1,284 | $187,800 | 16.7% |
| Northwest Township | 7.6 mi | — | $155,700 | 4.4% |
| Mitcheltree Township | 8.4 mi | — | $82,100 | 24.1% |
| Orangeville Township | 8.9 mi | — | $221,400 | 0.0% |
| Bedford | 9.3 mi | $828 | $152,400 | 32.8% |
| Oolitic | 10 mi | $814 | $138,200 | 32.5% |
HUD Fair Market Rent for Spice Valley Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $768 | $784 | $1,026 | $1,222 | $1,572 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Spice Valley Township, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $19,050 | $31,750 | $50,750 |
| 2 people | $21,800 | $36,250 | $58,000 |
| 3 people | $27,320 | $40,800 | $65,250 |
| 4 people | $33,000 | $45,300 | $72,500 |
| 5 people | $38,680 | $48,950 | $78,300 |
| 6 people | $44,360 | $52,550 | $84,100 |
| 7 people | $50,040 | $56,200 | $89,900 |
| 8 people | $55,720 | $59,800 | $95,700 |
These are the limits HUD sets for its housing programs in the Lawrence County, IN, where HUD’s median family income for fiscal year 2026 is $90,600.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Spice Valley Township
What is the median household income in Spice Valley Township?
The median household income in Spice Valley Township is $81,667 (±$27,141) a year (2020–2024 American Community Survey).
What is the average home value in Spice Valley Township, IN?
The Census Bureau publishes the median: $172,100 (±$19,307) for owner-occupied homes in Spice Valley Township (2020–2024 American Community Survey).
What is the average mortgage payment in Spice Valley Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Spice Valley Township, IN is $1,240 (±$120) a month, including taxes, insurance and utilities.
How much are property taxes in Spice Valley Township?
The median real estate tax paid by homeowners in Spice Valley Township, IN is $956 (±$264) a year (2020–2024 American Community Survey).
How many homes are in Spice Valley Township?
Spice Valley Township, IN has an estimated 823 (±141) housing units, occupied and vacant (2020–2024 American Community Survey).
What is the most common home size in Spice Valley Township?
The most common size is 3 bedrooms, 59.5% of homes in Spice Valley Township, IN.
Is Spice Valley Township growing?
In Spice Valley Township, the number of residents went from 2,287 in 2015–2019 to 1,925 in 2020–2024 (−15.8%), not a measurable change.
What ZIP codes are in Spice Valley Township?
The ZIP codes that cover Spice Valley Township are 47437, 47470, 47446.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Spice Valley township, Lawrence County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spice Valley township, Lawrence County, Indiana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Spice Valley township, Lawrence County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Spice Valley township, Lawrence County, Indiana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Spice Valley township, Lawrence County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Spice Valley township, Lawrence County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Spice Valley township, Lawrence County, Indiana
- HUD Fair Market Rents, fiscal year 2027: Lawrence County, IN
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Lawrence County, IN
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Spice Valley township, Lawrence County, Indiana (county subdivision:72044, in state:18 county:093).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .