ZIP comparison · New York-Newark-Jersey City, NY-NJ
07078 vs 11024
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 | ZIP07078Short Hills CDP, NJ | ZIP11024Kings Point, NY |
|---|---|---|
| Home value | ||
| Typical home value | Better: $2,366,033 | $2,313,107 |
| 1-year appreciation | Better: +6.9% | +6.5% |
| 5-year CAGR | Better: +8.9% | +7.8% |
| 10-year CAGR | Better: +4.6% | +4.6% |
| Rent & investment | ||
| Monthly rent | $5,305 | Better: $5,095 |
| Gross yield | Better: 2.7% | 2.6% |
| Cap rate | Better: 1.6% | 1.6% |
| Property tax | ||
| Effective tax rate | 1.6% | Better: 1.5% |
| Typical annual tax | $37,330 | Better: $35,575 |
| Demographics | ||
| Population | 14,613 | 9,155 |
| Median household income | Better: $250,001 | $175,300 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | Better: -3,761 | -6,520 |
| Schools | ||
| Public schools | 3 | 1 |
| Students enrolled | 1,153 | 446 |