ZIP comparison · Chicago-Naperville-Elgin, IL-IN
46342 vs 46410
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 | ZIP46342Hobart, IN | ZIP46410Merrillville, IN |
|---|---|---|
| Home value | ||
| Typical home value | $238,639 | Better: $242,094 |
| 1-year appreciation | Better: +0.7% | +0.4% |
| 5-year CAGR | Better: +5.6% | +5.1% |
| 10-year CAGR | +6.3% | Better: +7.0% |
| Rent & investment | ||
| Monthly rent | Better: $1,288 | $1,553 |
| Gross yield | 6.5% | Better: 7.7% |
| Cap rate | 3.9% | Better: 4.6% |
| Property tax | ||
| Effective tax rate | 1.0% | Better: 1.0% |
| Typical annual tax | $2,390 | Better: $2,330 |
| Demographics | ||
| Population | 32,224 | 39,243 |
| Median household income | Better: $75,521 | $64,127 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -162 | -162 |
| Schools | ||
| Public schools | 9 | 9 |
| Students enrolled | 5,363 | 6,094 |