ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46157 vs 46216
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 | ZIP46157Monrovia, IN | ZIP46216Lawrence, IN |
|---|---|---|
| Home value | ||
| Typical home value | $304,639 | Better: $308,763 |
| 1-year appreciation | +0.8% | Better: +0.8% |
| 5-year CAGR | +5.9% | Better: +6.1% |
| 10-year CAGR | Better: +6.8% | +6.5% |
| Rent & investment | ||
| Monthly rent | — | $1,535 |
| Gross yield | — | 6.0% |
| Cap rate | — | 3.6% |
| Property tax | ||
| Effective tax rate | Better: 0.5% | 0.9% |
| Typical annual tax | Better: $1,588 | $2,821 |
| Demographics | ||
| Population | 4,558 | 2,767 |
| Median household income | Better: $86,250 | $53,161 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively High |
| Net migration | Better: +338 | -2,799 |
| Schools | ||
| Public schools | 3 | — |
| Students enrolled | 1,568 | — |