ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46204 vs 46220
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 | ZIP46204Indianapolis city (balance), IN | ZIP46220Indianapolis city (balance), IN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $346,667 | $346,227 |
| 1-year appreciation | Better: +2.2% | +0.5% |
| 5-year CAGR | -0.4% | Better: +3.8% |
| 10-year CAGR | +3.4% | Better: +5.8% |
| Rent & investment | ||
| Monthly rent | $1,604 | Better: $1,548 |
| Gross yield | Better: 5.6% | 5.4% |
| Cap rate | Better: 3.3% | 3.2% |
| Property tax | ||
| Effective tax rate | 0.9% | Better: 0.9% |
| Typical annual tax | $3,192 | Better: $3,086 |
| Demographics | ||
| Population | 11,400 | 36,952 |
| Median household income | $86,396 | Better: $108,050 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -2,799 | -2,799 |
| Schools | ||
| Public schools | 2 | 7 |
| Students enrolled | 270 | 2,967 |