HousingHandbookReference data

U.S. ZIP Code · OH45806

Allen County · Lima, OH

Typical home value

$234,537[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+7.7%
5-year / yr
+6.6%
10-year / yr
+6.6%

Relative price

vs U.S.
-17.4%
vs metro
+19.8%
vs state
+7.2%
ZIP 45806 location in OH
Location of ZIP 45806 in OH

Price history

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

The typical home in 45806 is worth $234,537 — 19.8% above the Lima, OH median. Over the past year, values have risen 7.7%. 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]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.1%[3]
Typical annual tax
$2,693[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
10,974[3]
Median household income
$82,587[3]

#Migration

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

Net migration
-253[5]
Moved in
2,050
Moved out
2,303

Schools

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

Public schools
7
Elementary
3
Middle
1
High
3
  • Apollo Career Center

    High · Grades 7–12 · Apollo

    763 students

  • Shawnee Middle School

    Middle · Grades 5–8 · Shawnee Local

    714 students

  • Shawnee High School

    High · Grades 9–12 · Shawnee Local

    691 students

  • Elmwood Elementary School

    Elementary · Grades K–2 · Shawnee Local

    512 students

  • Perry Elementary School

    Elementary · Grades K–6 · Perry Local

    404 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 yield
Net yield (after ~40% expenses)
Annual rent

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$1,186
Loan principal$187,630
Down payment$46,907
Total interest paid$239,312

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 ratio
Monthly cost to own$1,606
Monthly rent

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
70th percentile[1]
Rental yield
[2]
Property tax
60th percentile[3]

Frequently asked

How much is a home worth in ZIP code 45806?
The typical home in 45806 is worth $234,537, based on the Zillow Home Value Index.
Are home values rising in 45806?
Home values in 45806 are up 7.7% over the past year, and up 6.6% a year over five years.
What is the property tax rate in 45806?
The effective property tax rate in 45806 is 1.1% — roughly $2,693 a year on a typical home.
Who lives in 45806?
ZIP code 45806 has a population of 10,974 and a median household income of $82,587.

#Comparable ZIPs

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

  • Westminster CDP, OH

    Typical home
    $239,200
    Gross yield
  • Gomer CDP, OH

    Typical home
    $255,684
    Gross yield
  • Spencerville, OH

    Typical home
    $198,806
    Gross yield
  • Bluffton, OH

    Typical home
    $270,344
    Gross yield
  • Delphos, OH

    Typical home
    $195,701
    Gross yield
  • Lima, OH

    Typical home
    $193,640
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 45806 against any other ZIP — full side-by-side table.

Compare 45806

#Jump to section