ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46176 vs 46254
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 | ZIP46176Shelbyville, IN | ZIP46254Indianapolis city (balance), IN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $224,202 | $222,327 |
| 1-year appreciation | -0.3% | Better: +1.1% |
| 5-year CAGR | Better: +6.1% | +6.0% |
| 10-year CAGR | +7.4% | Better: +8.3% |
| Rent & investment | ||
| Monthly rent | Better: $1,295 | $1,354 |
| Gross yield | 6.9% | Better: 7.3% |
| Cap rate | 4.2% | Better: 4.4% |
| Property tax | ||
| Effective tax rate | Better: 0.7% | 0.8% |
| Typical annual tax | Better: $1,615 | $1,872 |
| Demographics | ||
| Population | 28,782 | 40,674 |
| Median household income | Better: $65,182 | $60,287 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively High |
| Net migration | Better: -3 | -2,799 |
| Schools | ||
| Public schools | 11 | 7 |
| Students enrolled | 4,802 | 4,169 |