ZIP comparison · Springfield, MA

01013 vs 01118

Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.

MetricZIP01013Chicopee, MAZIP01118Springfield, MA
Home value
Typical home value$314,230Better: $320,111
1-year appreciation+1.9%Better: +3.7%
5-year CAGR+5.9%Better: +6.5%
10-year CAGR+6.5%Better: +7.6%
Rent & investment
Monthly rent$1,599
Gross yield6.1%
Cap rate3.7%
Property tax
Effective tax rate1.5%Better: 1.4%
Typical annual tax$4,637Better: $4,468
Demographics
Population23,28414,839
Median household income$59,759Better: $80,250
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively Moderate
Net migration-1,038-1,038
Schools
Public schools33
Students enrolled1,4871,026