HousingHandbookReference data

U.S. ZIP Code · IN47943

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

Typical home value

$353,792[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.6%
5-year / yr
+7.1%
10-year / yr
+6.8%

Relative price

vs U.S.
+24.5%
vs metro
+5.0%
vs state
+52.9%
ZIP 47943 location in IN
Location of ZIP 47943 in IN

Price history

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

The typical home in 47943 is worth $353,792 — 5.0% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 6.6%. 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
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$2,116[3]

#Climate risk

FEMA National Risk Index ratings for Newton 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
No Rating
Heat wave
Very Low
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Very Low

#Who lives here

Population
992[3]
Median household income
$77,857[3]

#Migration

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

Net migration
+8[5]
Moved in
420
Moved out
412

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$1,789
Loan principal$283,034
Down payment$70,758
Total interest paid$360,994

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$2,261
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
83rd percentile[1]
Rental yield
[2]
Property tax
1st percentile[3]

Frequently asked

How much is a home worth in ZIP code 47943?
The typical home in 47943 is worth $353,792, based on the Zillow Home Value Index.
Are home values rising in 47943?
Home values in 47943 are up 6.6% over the past year, and up 7.1% a year over five years.
What is the property tax rate in 47943?
The effective property tax rate in 47943 is 0.6% — roughly $2,116 a year on a typical home.
Who lives in 47943?
ZIP code 47943 has a population of 992 and a median household income of $77,857.

#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 Villa, IL

    Typical home
    $353,420
    Gross yield
    7.8%
  • Warrenville, IL

    Typical home
    $354,504
    Gross yield
    7.8%
  • Marengo, IL

    Typical home
    $352,829
    Gross yield
  • Aurora, IL

    Typical home
    $352,355
    Gross yield
    7.4%
  • Schererville, IN

    Typical home
    $355,425
    Gross yield
    6.9%
  • Verona, IL

    Typical home
    $355,440
    Gross yield

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