ZIP comparison · Springfield, MA
01056 vs 01085
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 | ZIP01056MA | ZIP01085Westfield, MA |
|---|---|---|
| Home value | ||
| Typical home value | $368,009 | Better: $383,782 |
| 1-year appreciation | +2.3% | Better: +3.4% |
| 5-year CAGR | +5.8% | Better: +6.1% |
| 10-year CAGR | +5.6% | Better: +5.7% |
| Rent & investment | ||
| Monthly rent | — | $1,939 |
| Gross yield | — | 6.1% |
| Cap rate | — | 3.6% |
| Property tax | ||
| Effective tax rate | 1.6% | Better: 1.4% |
| Typical annual tax | $5,758 | Better: $5,399 |
| Demographics | ||
| Population | 20,904 | 41,102 |
| Median household income | $84,838 | Better: $88,728 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -1,038 | -1,038 |
| Schools | ||
| Public schools | 4 | 12 |
| Students enrolled | 2,258 | 4,808 |