ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46165 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 | ZIP46165North Salem, IN | ZIP46202Indianapolis city (balance), IN |
|---|---|---|
| Home value | ||
| Typical home value | $351,258 | Better: $351,449 |
| 1-year appreciation | Better: +3.7% | +0.2% |
| 5-year CAGR | Better: +6.6% | +1.7% |
| 10-year CAGR | Better: +7.3% | +6.2% |
| Rent & investment | ||
| Monthly rent | — | $1,442 |
| Gross yield | — | 4.9% |
| Cap rate | — | 3.0% |
| Property tax | ||
| Effective tax rate | Better: 0.9% | 1.0% |
| Typical annual tax | Better: $3,164 | $3,394 |
| Demographics | ||
| Population | 1,992 | 20,180 |
| Median household income | Better: $86,488 | $63,506 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively High |
| Net migration | Better: +338 | -2,799 |
| Schools | ||
| Public schools | 1 | 9 |
| Students enrolled | 230 | 4,827 |