ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46218 vs 46222
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 | ZIP46218Indianapolis city (balance), IN | ZIP46222Indianapolis city (balance), IN |
|---|---|---|
| Home value | ||
| Typical home value | $116,896 | Better: $128,674 |
| 1-year appreciation | -3.5% | Better: -2.5% |
| 5-year CAGR | Better: +7.1% | +6.1% |
| 10-year CAGR | Better: +15.1% | +12.8% |
| Rent & investment | ||
| Monthly rent | Better: $1,146 | $1,194 |
| Gross yield | Better: 11.8% | 11.1% |
| Cap rate | Better: 7.1% | 6.7% |
| Property tax | ||
| Effective tax rate | Better: 0.7% | 0.8% |
| Typical annual tax | Better: $766 | $1,011 |
| Demographics | ||
| Population | 29,360 | 38,887 |
| Median household income | $38,063 | Better: $50,783 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -2,799 | -2,799 |
| Schools | ||
| Public schools | 7 | 12 |
| Students enrolled | 2,846 | 4,148 |