How much is a home worth in ZIP code 46375?

The typical home in 46375 is worth $355,425, based on the Zillow Home Value Index.

Are home values rising in 46375?

Home values in 46375 are up 1.8% over the past year, and up 4.1% a year over five years.

What is the typical rent in 46375?

A typical home in 46375 rents for about $2,037 a month, a gross rental yield of 6.9%.

What is the property tax rate in 46375?

The effective property tax rate in 46375 is 0.9% — roughly $3,225 a year on a typical home.

ZIP code 46375 has a population of 24,188 and a median household income of $93,160.

HousingHandbookReference data

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U.S. ZIP Code · IN46375

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

Typical home value

$355,425^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.8%
5-year / yr: +4.1%
10-year / yr: +5.1%

Relative price

vs U.S.: +25.1%
vs metro: +5.5%
vs state: +53.6%

Price history

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

The typical home in 46375 is worth $355,425 — 5.5% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 1.8%. Homes here rent for a typical $2,037 a month — a 6.9% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent: $2,037^[2]
Gross yield: 6.9%^[2]
Cap rate: 4.1%^[2]

#Property tax

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

Effective tax rate: 0.9%^[3]
Typical annual tax: $3,225^[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: 24,188^[3]
Median household income: $93,160^[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: 4
Elementary: 3
Middle: 1
High: 0

Michael Grimmer Middle School
Middle · Grades 5–8 · Lake Central School Corporation
788 students
James H Watson Elementary School
Elementary · Grades PK–4 · Lake Central School Corporation
655 students
Homan Elementary School
Elementary · Grades PK–4 · Lake Central School Corporation
450 students
Peifer Elementary School
Elementary · Grades PK–4 · Lake Central School Corporation
444 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.

Home value$Monthly rent$

Gross yield6.9%

Net yield (after ~40% expenses)4.1%

Annual rent$24,444

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,797

Loan principal$284,340

Down payment$71,085

Total interest paid$362,660

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.16

Monthly cost to own$2,363

Monthly rent$2,037

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: 17th percentile^[1]
Rental yield: 49th percentile^[2]
Property tax: 8th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 46375?: The typical home in 46375 is worth $355,425, based on the Zillow Home Value Index.
Are home values rising in 46375?: Home values in 46375 are up 1.8% over the past year, and up 4.1% a year over five years.
What is the typical rent in 46375?: A typical home in 46375 rents for about $2,037 a month, a gross rental yield of 6.9%.
What is the property tax rate in 46375?: The effective property tax rate in 46375 is 0.9% — roughly $3,225 a year on a typical home.
Who lives in 46375?: ZIP code 46375 has a population of 24,188 and a median household income of $93,160.

#Comparable ZIPs

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

60479 vs 46375 →
Verona, IL
Typical home
$355,440
Gross yield
—
60608 vs 46375 →
Chicago, IL
Typical home
$355,862
Gross yield
6.5%
60555
Warrenville, IL
Typical home
$354,504
Gross yield
7.8%
60173
Schaumburg, IL
Typical home
$356,442
Gross yield
7.2%
60659
Chicago, IL
Typical home
$357,016
Gross yield
6.5%
47943
IN
Typical home
$353,792
Gross yield
—

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#Jump to section

U.S. ZIP Code · IN46375

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