ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46123 vs 46202
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 | ZIP46123Avon, IN | ZIP46202Indianapolis city (balance), IN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $353,239 | $351,449 |
| 1-year appreciation | Better: +0.4% | +0.2% |
| 5-year CAGR | Better: +4.9% | +1.7% |
| 10-year CAGR | Better: +6.2% | +6.2% |
| Rent & investment | ||
| Monthly rent | $1,901 | Better: $1,442 |
| Gross yield | Better: 6.5% | 4.9% |
| Cap rate | Better: 3.9% | 3.0% |
| Property tax | ||
| Effective tax rate | Better: 0.9% | 1.0% |
| Typical annual tax | Better: $3,159 | $3,394 |
| Demographics | ||
| Population | 43,353 | 20,180 |
| Median household income | Better: $103,485 | $63,506 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively High |
| Net migration | Better: +338 | -2,799 |
| Schools | ||
| Public schools | 12 | 9 |
| Students enrolled | 10,736 | 4,827 |