ZIP comparison · New York-Newark-Jersey City, NY-NJ
07023 vs 11787
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 | ZIP07023Fanwood, NJ | ZIP11787Smithtown CDP, NY |
|---|---|---|
| Home value | ||
| Typical home value | Better: $798,995 | $798,205 |
| 1-year appreciation | +6.0% | Better: +7.6% |
| 5-year CAGR | +6.8% | Better: +6.9% |
| 10-year CAGR | +5.4% | Better: +5.7% |
| Rent & investment | ||
| Monthly rent | — | $2,336 |
| Gross yield | — | 3.5% |
| Cap rate | — | 2.1% |
| Property tax | ||
| Effective tax rate | 2.3% | Better: 1.9% |
| Typical annual tax | $18,071 | Better: $15,265 |
| Demographics | ||
| Population | 7,799 | 34,499 |
| Median household income | Better: $195,529 | $143,101 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | Better: -1,953 | -5,930 |
| Schools | ||
| Public schools | — | 8 |
| Students enrolled | — | 4,513 |