ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46038 vs 46163
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 | ZIP46038Fishers, IN | ZIP46163New Palestine, IN |
|---|---|---|
| Home value | ||
| Typical home value | $381,831 | Better: $382,489 |
| 1-year appreciation | +1.9% | Better: +2.0% |
| 5-year CAGR | Better: +5.8% | +5.2% |
| 10-year CAGR | Better: +6.6% | +6.5% |
| Rent & investment | ||
| Monthly rent | $1,646 | — |
| Gross yield | 5.2% | — |
| Cap rate | 3.1% | — |
| Property tax | ||
| Effective tax rate | 0.9% | Better: 0.7% |
| Typical annual tax | $3,281 | Better: $2,806 |
| Demographics | ||
| Population | 43,754 | 14,498 |
| Median household income | $106,886 | Better: $113,106 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Low |
| Net migration | +1,070 | Better: +1,124 |
| Schools | ||
| Public schools | 11 | 5 |
| Students enrolled | 10,285 | 3,556 |