ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46040 vs 46074
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 | ZIP46040Fortville, IN | ZIP46074Westfield, IN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $503,931 | $503,750 |
| 1-year appreciation | +1.6% | Better: +2.6% |
| 5-year CAGR | Better: +6.0% | +6.0% |
| 10-year CAGR | Better: +6.2% | +5.8% |
| Rent & investment | ||
| Monthly rent | Better: $1,450 | $2,042 |
| Gross yield | 3.5% | Better: 4.9% |
| Cap rate | 2.1% | Better: 2.9% |
| Property tax | ||
| Effective tax rate | Better: 0.8% | 0.9% |
| Typical annual tax | Better: $3,965 | $4,638 |
| Demographics | ||
| Population | 15,943 | 48,901 |
| Median household income | Better: $147,500 | $126,724 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively Moderate |
| Net migration | Better: +1,124 | +1,070 |
| Schools | ||
| Public schools | 5 | 10 |
| Students enrolled | 4,074 | 9,701 |