ZIP comparison · South Bend-Mishawaka, IN-MI
46545 vs 49047
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 | ZIP46545Mishawaka, IN | ZIP49047Dowagiac, MI |
|---|---|---|
| Home value | ||
| Typical home value | $214,246 | Better: $224,845 |
| 1-year appreciation | +3.5% | Better: +7.5% |
| 5-year CAGR | Better: +6.6% | +5.3% |
| 10-year CAGR | Better: +7.5% | +6.3% |
| Rent & investment | ||
| Monthly rent | $1,522 | — |
| Gross yield | 8.5% | — |
| Cap rate | 5.1% | — |
| Property tax | ||
| Effective tax rate | Better: 0.7% | 1.0% |
| Typical annual tax | Better: $1,571 | $2,142 |
| Demographics | ||
| Population | 26,606 | 14,858 |
| Median household income | $56,865 | Better: $62,963 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Low |
| Net migration | -632 | Better: +46 |
| Schools | ||
| Public schools | 8 | 7 |
| Students enrolled | 7,736 | 1,729 |