HousingHandbookReference data

U.S. ZIP Code · OH43162

Madison County · Columbus, OH

Typical home value

$265,092[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.5%
5-year / yr
+5.3%
10-year / yr
+6.8%

Relative price

vs U.S.
-6.7%
vs metro
-12.9%
vs state
+21.2%
ZIP 43162 location in OH
Location of ZIP 43162 in OH

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 43162 is worth $265,092 — 12.9% below the Columbus, OH median. Over the past year, values have fallen 0.5%. Homes here rent for a typical $2,069 a month — a 9.4% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,069[2]
Gross yield
9.4%[2]
Cap rate
5.6%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.1%[3]
Typical annual tax
$2,902[3]

#Climate risk

FEMA National Risk Index ratings for Madison County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Very Low
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
6,896[3]
Median household income
$76,250[3]

#Migration

Household moves in and out of Madison County over a year, from IRS tax-return data.

Net migration
+188[5]
Moved in
1,475
Moved out
1,287

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
1
High
1
  • Norwood Elementary School

    Elementary · Grades K–5 · Jefferson Local

    429 students

  • West Jefferson High School

    High · Grades 9–12 · Jefferson Local

    274 students

  • West Jefferson Middle School

    Middle · Grades 6–8 · Jefferson Local

    247 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield9.4%
Net yield (after ~40% expenses)5.6%
Annual rent$24,825

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,340
Loan principal$212,074
Down payment$53,018
Total interest paid$270,488

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.87
Monthly cost to own$1,802
Monthly rent$2,069

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
49th percentile[1]
Rental yield
94th percentile[2]
Property tax
40th percentile[3]

Frequently asked

How much is a home worth in ZIP code 43162?
The typical home in 43162 is worth $265,092, based on the Zillow Home Value Index.
Are home values rising in 43162?
Home values in 43162 are down 0.5% over the past year, and up 5.3% a year over five years.
What is the typical rent in 43162?
A typical home in 43162 rents for about $2,069 a month, a gross rental yield of 9.4%.
What is the property tax rate in 43162?
The effective property tax rate in 43162 is 1.1% — roughly $2,902 a year on a typical home.
Who lives in 43162?
ZIP code 43162 has a population of 6,896 and a median household income of $76,250.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Brownsville CDP, OH

    Typical home
    $265,793
    Gross yield
  • West Mansfield, OH

    Typical home
    $267,553
    Gross yield
  • Richwood, OH

    Typical home
    $258,583
    Gross yield
  • Logan, OH

    Typical home
    $257,922
    Gross yield
  • Cardington, OH

    Typical home
    $272,748
    Gross yield
  • Lancaster, OH

    Typical home
    $273,019
    Gross yield
    5.3%

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