ZIP comparison · Chicago-Naperville-Elgin, IL-IN
46406 vs 46409
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 | ZIP46406Gary, IN | ZIP46409Gary, IN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $82,041 | $78,605 |
| 1-year appreciation | Better: -3.5% | -4.7% |
| 5-year CAGR | Better: +6.7% | +6.2% |
| 10-year CAGR | +10.5% | Better: +11.9% |
| Rent & investment | ||
| Monthly rent | — | — |
| Gross yield | — | — |
| Cap rate | — | — |
| Property tax | ||
| Effective tax rate | 0.9% | Better: 0.7% |
| Typical annual tax | $732 | Better: $583 |
| Demographics | ||
| Population | 9,001 | 7,184 |
| Median household income | $35,839 | Better: $44,667 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -162 | -162 |
| Schools | ||
| Public schools | 4 | 3 |
| Students enrolled | 3,489 | 434 |