ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46126 vs 46228
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 | ZIP46228Indianapolis city (balance), IN |
|---|---|---|
| Home value | ||
| Typical home value | $270,138 | Better: $272,675 |
| 1-year appreciation | Better: +0.2% | +0.1% |
| 5-year CAGR | Better: +6.4% | +5.1% |
| 10-year CAGR | +7.1% | Better: +7.3% |
| Rent & investment | ||
| Monthly rent | — | $1,576 |
| Gross yield | — | 6.9% |
| Cap rate | — | 4.2% |
| Property tax | ||
| Effective tax rate | Better: 0.6% | 0.7% |
| Typical annual tax | Better: $1,627 | $2,002 |
| Demographics | ||
| Population | 3,902 | 15,724 |
| Median household income | $70,607 | Better: $91,156 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively High |
| Net migration | Better: -3 | -2,799 |
| Schools | ||
| Public schools | 3 | 2 |
| Students enrolled | 1,414 | 1,062 |