ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46037 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 | ZIP46037Fishers, IN | ZIP46040Fortville, IN |
|---|---|---|
| Home value | ||
| Typical home value | $474,278 | Better: $503,931 |
| 1-year appreciation | +1.0% | Better: +1.6% |
| 5-year CAGR | +5.6% | Better: +6.0% |
| 10-year CAGR | +5.6% | Better: +6.2% |
| Rent & investment | ||
| Monthly rent | $1,919 | Better: $1,450 |
| Gross yield | Better: 4.9% | 3.5% |
| Cap rate | Better: 2.9% | 2.1% |
| Property tax | ||
| Effective tax rate | 0.9% | Better: 0.8% |
| Typical annual tax | $4,497 | Better: $3,965 |
| Demographics | ||
| Population | 48,713 | 15,943 |
| Median household income | $141,810 | Better: $147,500 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Low |
| Net migration | +1,070 | Better: +1,124 |
| Schools | ||
| Public schools | 9 | 5 |
| Students enrolled | 9,731 | 4,074 |