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ZIP Code 46408

Lake, Indiana

ZCTA 46408

Juniper

ZIP Code 46408 is in the lowest 24% nationally for FEMA risk score. It also sits in the lowest 1% nationally for typical home value. And it sits in the lowest 5% nationally for home price growth over the past year.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$115,362

Lower than 99% of U.S. ZIP codes
Home Price Growth, Past Five Years

51%

Near the U.S. ZIP codes median
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

43.1

Lower than 76% of U.S. ZIP codes

The boundary of ZIP Code 46408, in Lake, Indiana.

The basics

Total Population

15,747

Median Age

36.8

Population Density

1,616.75

Home values & property tax

Median Property Tax

$916

Property Tax Rateyearly tax as a share of home value

0.89%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

2.16×

Lower than 81% of U.S. ZIP codes
Median Income

$47,453

Lower than 88% of U.S. ZIP codes
Median Rent

$1,061

Near the U.S. ZIP codes median

Home prices & appreciation

Home Price Growth, Past Year

-6.9%

Lower than 95% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

45%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

21%

Climate & weather

Summer Avg High (°F)

79.7

Winter Avg Low (°F)

21

Avg Temperature (°F)

50.2

Hot Days/yr (>90°F)

10.5

Freezing Days/yr (<32°F)

116.9

Annual Precipitation (in)

40.9

Annual Snowfall (in)

26.6

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 46408: frequently asked questions

What is the typical home value in ZIP Code 46408?
The estimated median home value in ZIP Code 46408 today is $115,362, lower than 99% of U.S. ZIP codes.
How much is property tax in ZIP Code 46408?
The median annual property tax in ZIP Code 46408 is $916, an effective rate of 0.89% of home value.
Is ZIP Code 46408 expensive to live in?
Homes in ZIP Code 46408 cost about 2.16× the median household income, lower than 81% of U.S. ZIP codes.
What is the average rent in ZIP Code 46408?
The median gross rent in ZIP Code 46408 is $1,061 a month, near the U.S. ZIP codes median.
How much have home prices grown in ZIP Code 46408?
Home prices in ZIP Code 46408 have moved 51% over the past five years (-6.9% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 46408?
ZIP Code 46408 has a population of 15,747, about 1,616.75 people per square mile, per the U.S. Census American Community Survey. The median age is 36.8.
What is the weather like in ZIP Code 46408?
ZIP Code 46408 averages 50.2°F year-round, summer highs near 79.7°F, winter lows around 21°F (NOAA 1991–2020 normals). It sees about 26.6 inches of snow a year.
Is ZIP Code 46408 at risk of flooding or natural disasters?
ZIP Code 46408's FEMA National Risk Index score is 43.1 (lower than 76% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding. Expected annual loss from flooding is $0 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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