How much is a home worth in ZIP code 47201?

The typical home in 47201 is worth $270,071, based on the Zillow Home Value Index.

Are home values rising in 47201?

Home values in 47201 are up 4.0% over the past year, and up 6.4% a year over five years.

What is the typical rent in 47201?

A typical home in 47201 rents for about $1,361 a month, a gross rental yield of 6.0%.

What is the property tax rate in 47201?

The effective property tax rate in 47201 is 0.7% — roughly $1,796 a year on a typical home.

ZIP code 47201 has a population of 47,900 and a median household income of $83,958.

HousingHandbookReference data

…

U.S. ZIP Code · IN47201

Bartholomew County · Columbus, IN

Typical home value

$270,071^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.0%
5-year / yr: +6.4%
10-year / yr: +6.4%

Relative price

vs U.S.: -4.9%
vs metro: ≈ metro median
vs state: +16.7%

Price history

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

The typical home in 47201 is worth $270,071. Over the past year, values have risen 4.0%. Homes here rent for a typical $1,361 a month — a 6.0% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent: $1,361^[2]
Gross yield: 6.0%^[2]
Cap rate: 3.6%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $1,796^[3]

#Climate risk

FEMA National Risk Index ratings for Bartholomew 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: Relatively Low
Heat wave: Relatively Low
Hurricane: Very Low
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 47,900^[3]
Median household income: $83,958^[3]

#Migration

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

Net migration: -110^[5]
Moved in: 2,259
Moved out: 2,369

Schools

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

Public schools: 14
Elementary: 8
Middle: 2
High: 3

Columbus North High School
High · Grades 9–12 · Bartholomew Con School Corp
2,267 students
Columbus East High School
High · Grades 9–12 · Bartholomew Con School Corp
1,518 students
Southside Elementary School
Elementary · Grades PK–6 · Bartholomew Con School Corp
893 students
Northside Middle School
Middle · Grades 7–8 · Bartholomew Con School Corp
878 students
Central Middle School
Middle · Grades 7–8 · Bartholomew Con School Corp
822 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 yield6.0%

Net yield (after ~40% expenses)3.6%

Annual rent$16,335

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$1,366

Loan principal$216,057

Down payment$54,014

Total interest paid$275,568

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 ratio1.28

Monthly cost to own$1,741

Monthly rent$1,361

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: 20th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 60th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

10th for most populous in INView list →

Frequently asked

How much is a home worth in ZIP code 47201?: The typical home in 47201 is worth $270,071, based on the Zillow Home Value Index.
Are home values rising in 47201?: Home values in 47201 are up 4.0% over the past year, and up 6.4% a year over five years.
What is the typical rent in 47201?: A typical home in 47201 rents for about $1,361 a month, a gross rental yield of 6.0%.
What is the property tax rate in 47201?: The effective property tax rate in 47201 is 0.7% — roughly $1,796 a year on a typical home.
Who lives in 47201?: ZIP code 47201 has a population of 47,900 and a median household income of $83,958.

#Comparable ZIPs

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

47244 vs 47201 →
Hartsville, IN
Typical home
$266,838
Gross yield
—
47246 vs 47201 →
Hope, IN
Typical home
$257,694
Gross yield
—
47203
Columbus, IN
Typical home
$287,368
Gross yield
6.0%
47232
Elizabethtown, IN
Typical home
$292,122
Gross yield
—
47280
Taylorsville CDP, IN
Typical home
$199,009
Gross yield
—

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

Compare ZIPs

Pit ZIP 47201 against any other ZIP — full side-by-side table.

Compare 47201 →

#Jump to section

U.S. ZIP Code · IN47201

Get more data on ZIPs like this

Get more data on ZIPs like this