ZIP comparison · New York-Newark-Jersey City, NY-NJ
07062 vs 07206
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 | ZIP07062Plainfield, NJ | ZIP07206Elizabeth, NJ |
|---|---|---|
| Home value | ||
| Typical home value | Better: $496,042 | $495,652 |
| 1-year appreciation | Better: +2.4% | +1.8% |
| 5-year CAGR | Better: +8.3% | +8.0% |
| 10-year CAGR | +11.1% | Better: +12.0% |
| Rent & investment | ||
| Monthly rent | — | $2,328 |
| Gross yield | — | 5.6% |
| Cap rate | — | 3.4% |
| Property tax | ||
| Effective tax rate | Better: 2.2% | 2.3% |
| Typical annual tax | Better: $10,698 | $11,175 |
| Demographics | ||
| Population | 15,399 | 31,930 |
| Median household income | Better: $98,344 | $68,420 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -1,953 | -1,953 |
| Schools | ||
| Public schools | 6 | 9 |
| Students enrolled | 3,195 | 5,571 |