ZIP comparison · Indianapolis-Carmel-Greenwood, IN
46229 vs 46235
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 | ZIP46229Indianapolis city (balance), IN | ZIP46235Indianapolis city (balance), IN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $219,579 | $218,316 |
| 1-year appreciation | -1.2% | Better: -0.2% |
| 5-year CAGR | +5.4% | Better: +6.0% |
| 10-year CAGR | +7.9% | Better: +8.4% |
| Rent & investment | ||
| Monthly rent | Better: $1,607 | $1,717 |
| Gross yield | 8.8% | Better: 9.4% |
| Cap rate | 5.3% | Better: 5.7% |
| Property tax | ||
| Effective tax rate | 0.8% | Better: 0.8% |
| Typical annual tax | $1,782 | Better: $1,691 |
| Demographics | ||
| Population | 28,457 | 36,317 |
| Median household income | Better: $61,388 | $58,951 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -2,799 | -2,799 |
| Schools | ||
| Public schools | 9 | 4 |
| Students enrolled | 6,962 | 1,218 |