ZIP comparison · Springfield, MA

01107 vs 01108

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.

MetricZIP01107Springfield, MAZIP01108Springfield, MA
Home value
Typical home valueBetter: $309,970$300,552
1-year appreciationBetter: +4.5%+3.5%
5-year CAGR+6.7%Better: +6.8%
10-year CAGRBetter: +8.7%+8.2%
Rent & investment
Monthly rent$1,683
Gross yield6.7%
Cap rate4.0%
Property tax
Effective tax rate1.5%Better: 1.4%
Typical annual tax$4,683Better: $4,218
Demographics
Population12,00927,405
Median household income$35,632Better: $50,661
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively Moderate
Net migration-1,038-1,038
Schools
Public schools710
Students enrolled2,4292,910