ZIP comparison · Springfield, MA
01056 vs 01089
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 | ZIP01089West Springfield Town, MA |
|---|---|---|
| Home value | ||
| Typical home value | Better: $368,009 | $359,297 |
| 1-year appreciation | +2.3% | Better: +4.1% |
| 5-year CAGR | +5.8% | Better: +6.0% |
| 10-year CAGR | +5.6% | Better: +5.7% |
| Rent & investment | ||
| Monthly rent | — | $1,460 |
| Gross yield | — | 4.9% |
| Cap rate | — | 2.9% |
| Property tax | ||
| Effective tax rate | 1.6% | Better: 1.3% |
| Typical annual tax | $5,758 | Better: $4,624 |
| Demographics | ||
| Population | 20,904 | 28,772 |
| Median household income | Better: $84,838 | $69,371 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -1,038 | -1,038 |
| Schools | ||
| Public schools | 4 | 9 |
| Students enrolled | 2,258 | 4,360 |