ZIP comparison · Boston-Cambridge-Newton, MA-NH
01923 vs 02062
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 | ZIP01923Danvers CDP, MA | ZIP02062Norwood CDP, MA |
|---|---|---|
| Home value | ||
| Typical home value | $734,090 | Better: $738,273 |
| 1-year appreciation | Better: +1.9% | +0.1% |
| 5-year CAGR | Better: +4.7% | +4.6% |
| 10-year CAGR | Better: +6.0% | +5.5% |
| Rent & investment | ||
| Monthly rent | $2,805 | Better: $2,622 |
| Gross yield | Better: 4.6% | 4.3% |
| Cap rate | Better: 2.8% | 2.6% |
| Property tax | ||
| Effective tax rate | 1.0% | Better: 0.9% |
| Typical annual tax | $7,647 | Better: $6,731 |
| Demographics | ||
| Population | 27,991 | 31,542 |
| Median household income | Better: $125,395 | $107,030 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively Moderate |
| Net migration | -1,940 | Better: -1,817 |
| Schools | ||
| Public schools | 7 | 8 |
| Students enrolled | 3,251 | 3,545 |