HousingHandbookReference data

U.S. ZIP Code · IN46327

Lake County · Chicago-Naperville-Elgin, IL-IN

Typical home value

$156,002[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.7%
5-year / yr
+7.0%
10-year / yr
+11.0%

Relative price

vs U.S.
-45.1%
vs metro
-53.7%
vs state
-32.6%
ZIP 46327 location in IN
Location of ZIP 46327 in IN

Price history

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

The typical home in 46327 is worth $156,002 — 53.7% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have fallen 0.7%. 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
$1,728[3]

#Climate risk

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

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Very Low
Wildfire
Relatively Low
Drought
No Rating
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Very High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
10,597[3]
Median household income
$47,288[3]

#Migration

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

Net migration
-162[5]
Moved in
10,188
Moved out
10,350

Schools

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

Public schools
2
Elementary
2
Middle
0
High
0
  • Washington Irving Elementary Sch

    Elementary · Grades PK–6 · School City of Hammond

    740 students

  • Abraham Lincoln Elementary School

    Elementary · Grades PK–6 · School City of Hammond

    550 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$789
Loan principal$124,802
Down payment$31,200
Total interest paid$159,178

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$1,063
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
79th percentile[1]
Rental yield
[2]
Property tax
13th percentile[3]

Frequently asked

How much is a home worth in ZIP code 46327?
The typical home in 46327 is worth $156,002, based on the Zillow Home Value Index.
Are home values rising in 46327?
Home values in 46327 are down 0.7% over the past year, and up 7.0% a year over five years.
What is the property tax rate in 46327?
The effective property tax rate in 46327 is 1.1% — roughly $1,728 a year on a typical home.
Who lives in 46327?
ZIP code 46327 has a population of 10,597 and a median household income of $47,288.

#Comparable ZIPs

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

  • Lake Station, IN

    Typical home
    $156,613
    Gross yield
  • Calumet City, IL

    Typical home
    $154,824
    Gross yield
    13.0%
  • Dolton, IL

    Typical home
    $153,880
    Gross yield
    16.5%
  • Park Forest, IL

    Typical home
    $153,354
    Gross yield
    15.6%
  • Gary, IN

    Typical home
    $153,191
    Gross yield
    10.2%
  • Markham, IL

    Typical home
    $152,867
    Gross yield
    19.6%

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