ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46033 vs 46040
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 | ZIP46033Carmel, IN | ZIP46040Fortville, IN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $586,866 | $503,931 |
| 1-year appreciation | Better: +4.1% | +1.6% |
| 5-year CAGR | Better: +6.6% | +6.0% |
| 10-year CAGR | +6.0% | Better: +6.2% |
| Rent & investment | ||
| Monthly rent | $2,053 | Better: $1,450 |
| Gross yield | Better: 4.2% | 3.5% |
| Cap rate | Better: 2.5% | 2.1% |
| Property tax | ||
| Effective tax rate | 0.8% | Better: 0.8% |
| Typical annual tax | $4,899 | Better: $3,965 |
| Demographics | ||
| Population | 40,881 | 15,943 |
| Median household income | Better: $153,143 | $147,500 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Low |
| Net migration | +1,070 | Better: +1,124 |
| Schools | ||
| Public schools | 6 | 5 |
| Students enrolled | 4,638 | 4,074 |