HousingHandbookReference data

U.S. ZIP Code · IN46041

Clinton County

Typical home value

$211,447[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.0%
5-year / yr
+7.6%
10-year / yr
+8.2%

Relative price

vs U.S.
-25.6%
vs metro
vs state
-8.6%
ZIP 46041 location in IN
Location of ZIP 46041 in IN

Price history

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

The typical home in 46041 is worth $211,447. Over the past year, values have risen 4.0%. Homes here rent for a typical $752 a month — a 4.3% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent
$752[2]
Gross yield
4.3%[2]
Cap rate
2.6%[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$1,354[3]

#Climate risk

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

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

#Who lives here

Population
23,134[3]
Median household income
$63,157[3]

#Migration

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

Net migration
-48[5]
Moved in
757
Moved out
805

Schools

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

Public schools
7
Elementary
4
Middle
1
High
2
  • Frankfort High School

    High · Grades 9–12 · Community Schools of Frankfort

    901 students

  • Frankfort Middle School

    Middle · Grades 6–8 · Community Schools of Frankfort

    664 students

  • Suncrest Elementary School

    Elementary · Grades PK–5 · Community Schools of Frankfort

    567 students

  • Clinton Prairie Jr-Sr High School

    High · Grades 7–12 · Clinton Prairie School Corporation

    469 students

  • Blue Ridge Primary Elementary Sch

    Elementary · Grades PK–2 · Community Schools of Frankfort

    440 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 yield4.3%
Net yield (after ~40% expenses)2.6%
Annual rent$9,025

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$1,069
Loan principal$169,158
Down payment$42,289
Total interest paid$215,751

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 ratio1.81
Monthly cost to own$1,358
Monthly rent$752

Renting 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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 46041?
The typical home in 46041 is worth $211,447, based on the Zillow Home Value Index.
Are home values rising in 46041?
Home values in 46041 are up 4.0% over the past year, and up 7.6% a year over five years.
What is the typical rent in 46041?
A typical home in 46041 rents for about $752 a month, a gross rental yield of 4.3%.
What is the property tax rate in 46041?
The effective property tax rate in 46041 is 0.6% — roughly $1,354 a year on a typical home.
Who lives in 46041?
ZIP code 46041 has a population of 23,134 and a median household income of $63,157.

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