ZIP comparison · Chicago-Naperville-Elgin, IL-IN
46402 vs 46407
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 | ZIP46402Gary, IN | ZIP46407Gary, IN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $70,529 | $60,433 |
| 1-year appreciation | Better: -0.1% | -4.3% |
| 5-year CAGR | Better: +6.1% | +5.3% |
| 10-year CAGR | +9.3% | Better: +10.8% |
| Rent & investment | ||
| Monthly rent | — | $1,238 |
| Gross yield | — | 24.6% |
| Cap rate | — | 14.7% |
| Property tax | ||
| Effective tax rate | Better: 0.8% | 0.8% |
| Typical annual tax | $539 | Better: $468 |
| Demographics | ||
| Population | 5,836 | 8,577 |
| Median household income | Better: $33,529 | $28,526 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -162 | -162 |
| Schools | ||
| Public schools | 2 | 3 |
| Students enrolled | 1,362 | 1,117 |