ZIP comparison · Worcester, MA

01562 vs 01606

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.

MetricZIP01562Spencer CDP, MAZIP01606Worcester, MA
Home value
Typical home value$438,409Better: $442,208
1-year appreciationBetter: +0.9%+0.2%
5-year CAGR+5.6%Better: +5.8%
10-year CAGR+7.0%Better: +7.6%
Rent & investment
Monthly rentBetter: $1,838$2,300
Gross yield5.0%Better: 6.2%
Cap rate3.0%Better: 3.7%
Property tax
Effective tax rateBetter: 1.1%1.3%
Typical annual taxBetter: $4,900$5,706
Demographics
Population12,00822,844
Median household income$80,533Better: $92,105
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively Moderate
Net migration-1,467-1,467
Schools
Public schools38
Students enrolled1,1714,970