ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46016 vs 46218
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP46016Anderson, IN | ZIP46218Indianapolis city (balance), IN |
|---|---|---|
| Home value | ||
| Typical home value | $85,059 | Better: $116,896 |
| 1-year appreciation | Better: -0.8% | -3.5% |
| 5-year CAGR | Better: +7.5% | +7.1% |
| 10-year CAGR | +12.9% | Better: +15.1% |
| Rent & investment | ||
| Monthly rent | Better: $930 | $1,146 |
| Gross yield | Better: 13.1% | 11.8% |
| Cap rate | Better: 7.9% | 7.1% |
| Property tax | ||
| Effective tax rate | 0.8% | Better: 0.7% |
| Typical annual tax | Better: $692 | $766 |
| Demographics | ||
| Population | 17,834 | 29,360 |
| Median household income | $36,029 | Better: $38,063 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively High |
| Net migration | Better: +420 | -2,799 |
| Schools | ||
| Public schools | 2 | 7 |
| Students enrolled | 1,151 | 2,846 |