ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46126 vs 46161
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 | ZIP46126Fairland, IN | ZIP46161Morristown, IN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $270,138 | $268,977 |
| 1-year appreciation | +0.2% | Better: +2.9% |
| 5-year CAGR | +6.4% | Better: +7.0% |
| 10-year CAGR | +7.1% | Better: +7.5% |
| Rent & investment | ||
| Monthly rent | — | — |
| Gross yield | — | — |
| Cap rate | — | — |
| Property tax | ||
| Effective tax rate | 0.6% | Better: 0.4% |
| Typical annual tax | $1,627 | Better: $1,196 |
| Demographics | ||
| Population | 3,902 | 2,347 |
| Median household income | $70,607 | Better: $78,603 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively Low |
| Net migration | -3 | -3 |
| Schools | ||
| Public schools | 3 | 2 |
| Students enrolled | 1,414 | 666 |