ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46036 vs 46241
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 | ZIP46036Elwood, IN | ZIP46241Indianapolis city (balance), IN |
|---|---|---|
| Home value | ||
| Typical home value | $154,261 | Better: $159,549 |
| 1-year appreciation | Better: +1.6% | +1.3% |
| 5-year CAGR | Better: +5.9% | +5.5% |
| 10-year CAGR | +9.6% | Better: +9.8% |
| Rent & investment | ||
| Monthly rent | — | $1,276 |
| Gross yield | — | 9.6% |
| Cap rate | — | 5.8% |
| Property tax | ||
| Effective tax rate | Better: 0.7% | 1.1% |
| Typical annual tax | Better: $1,084 | $1,751 |
| Demographics | ||
| Population | 11,683 | 32,565 |
| Median household income | Better: $62,074 | $53,653 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively High |
| Net migration | Better: +420 | -2,799 |
| Schools | ||
| Public schools | 4 | 8 |
| Students enrolled | 1,455 | 4,965 |