ZIP comparison · Springfield, MA
01020 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.
| Metric | ZIP01020Chicopee, MA | ZIP01118Springfield, MA |
|---|---|---|
| Home value | ||
| Typical home value | Better: $326,762 | $320,111 |
| 1-year appreciation | +2.4% | Better: +3.7% |
| 5-year CAGR | +5.8% | Better: +6.5% |
| 10-year CAGR | +6.4% | Better: +7.6% |
| Rent & investment | ||
| Monthly rent | $1,815 | — |
| Gross yield | 6.7% | — |
| Cap rate | 4.0% | — |
| Property tax | ||
| Effective tax rate | Better: 1.0% | 1.4% |
| Typical annual tax | Better: $3,370 | $4,468 |
| Demographics | ||
| Population | 30,167 | 14,839 |
| Median household income | $66,009 | Better: $80,250 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -1,038 | -1,038 |
| Schools | ||
| Public schools | 10 | 3 |
| Students enrolled | 4,960 | 1,026 |