ZIP comparison · Elkhart-Goshen, IN
46514 vs 46516
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 | ZIP46514Elkhart, IN | ZIP46516Elkhart, IN |
|---|---|---|
| Home value | ||
| Typical home value | Better: $246,766 | $185,568 |
| 1-year appreciation | Better: +5.5% | +3.6% |
| 5-year CAGR | Better: +6.5% | +6.1% |
| 10-year CAGR | +7.3% | Better: +8.2% |
| Rent & investment | ||
| Monthly rent | $1,270 | Better: $1,076 |
| Gross yield | 6.2% | Better: 7.0% |
| Cap rate | 3.7% | Better: 4.2% |
| Property tax | ||
| Effective tax rate | Better: 0.8% | 0.9% |
| Typical annual tax | $1,975 | Better: $1,578 |
| Demographics | ||
| Population | 42,389 | 31,871 |
| Median household income | Better: $65,833 | $56,492 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -711 | -711 |
| Schools | ||
| Public schools | 12 | 7 |
| Students enrolled | 8,148 | 2,765 |