HousingHandbookReference data

U.S. ZIP Code · IN46347

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

Typical home value

$314,988[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.6%
5-year / yr
+6.0%
10-year / yr
+6.5%

Relative price

vs U.S.
+10.9%
vs metro
-6.5%
vs state
+36.1%
ZIP 46347 location in IN
Location of ZIP 46347 in IN

Price history

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

The typical home in 46347 is worth $314,988 — 6.5% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 3.6%. The effective property tax rate is 0.8%.

#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
0.8%[3]
Typical annual tax
$2,505[3]

#Climate risk

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

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

#Who lives here

Population
4,951[3]
Median household income
$95,348[3]

#Migration

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

Net migration
+34[5]
Moved in
4,506
Moved out
4,472

Schools

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

Public schools
2
Elementary
1
Middle
0
High
1
  • Kouts Middle/High School

    High · Grades 6–12 · East Porter County School Corp

    411 students

  • Kouts Elementary School

    Elementary · Grades K–5 · East Porter County School Corp

    319 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$1,593
Loan principal$251,991
Down payment$62,998
Total interest paid$321,400

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$2,065
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
54th percentile[1]
Rental yield
[2]
Property tax
4th percentile[3]

Frequently asked

How much is a home worth in ZIP code 46347?
The typical home in 46347 is worth $314,988, based on the Zillow Home Value Index.
Are home values rising in 46347?
Home values in 46347 are up 3.6% over the past year, and up 6.0% a year over five years.
What is the property tax rate in 46347?
The effective property tax rate in 46347 is 0.8% — roughly $2,505 a year on a typical home.
Who lives in 46347?
ZIP code 46347 has a population of 4,951 and a median household income of $95,348.

#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 Village CDP, IN

    Typical home
    $314,553
    Gross yield
  • Sycamore, IL

    Typical home
    $316,551
    Gross yield
    6.1%
  • Chicago, IL

    Typical home
    $317,110
    Gross yield
    6.2%
  • Melrose Park, IL

    Typical home
    $317,191
    Gross yield
    5.2%
  • Franklin Park, IL

    Typical home
    $312,395
    Gross yield
    6.5%
  • Hebron, IL

    Typical home
    $317,767
    Gross yield

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