ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46044 vs 46224
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 | ZIP46044Frankton, IN | ZIP46224Indianapolis city (balance), IN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $203,485 | $202,807 |
| 1-year appreciation | Better: +2.3% | +1.3% |
| 5-year CAGR | +6.6% | Better: +6.9% |
| 10-year CAGR | +8.4% | Better: +9.9% |
| Rent & investment | ||
| Monthly rent | — | $1,148 |
| Gross yield | — | 6.8% |
| Cap rate | — | 4.1% |
| Property tax | ||
| Effective tax rate | Better: 0.7% | 0.9% |
| Typical annual tax | Better: $1,451 | $1,791 |
| Demographics | ||
| Population | 2,628 | 40,228 |
| Median household income | Better: $81,402 | $55,986 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively High |
| Net migration | Better: +420 | -2,799 |
| Schools | ||
| Public schools | 2 | 14 |
| Students enrolled | 1,584 | 5,532 |