ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46163 vs 46259
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 | ZIP46163New Palestine, IN | ZIP46259Indianapolis city (balance), IN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $382,489 | $375,112 |
| 1-year appreciation | Better: +2.0% | +1.5% |
| 5-year CAGR | Better: +5.2% | +4.8% |
| 10-year CAGR | Better: +6.5% | +6.4% |
| Rent & investment | ||
| Monthly rent | — | $2,114 |
| Gross yield | — | 6.8% |
| Cap rate | — | 4.1% |
| Property tax | ||
| Effective tax rate | Better: 0.7% | 0.8% |
| Typical annual tax | Better: $2,806 | $3,032 |
| Demographics | ||
| Population | 14,498 | 15,169 |
| Median household income | $113,106 | Better: $129,345 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively High |
| Net migration | Better: +1,124 | -2,799 |
| Schools | ||
| Public schools | 5 | 6 |
| Students enrolled | 3,556 | 8,066 |