ZIP comparison · New York-Newark-Jersey City, NY-NJ
07504 vs 08873
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 | ZIP07504Paterson, NJ | ZIP08873Six Mile Run CDP, NJ |
|---|---|---|
| Home value | ||
| Typical home value | $571,978 | Better: $572,161 |
| 1-year appreciation | Better: +4.5% | +2.2% |
| 5-year CAGR | Better: +7.2% | +6.9% |
| 10-year CAGR | Better: +8.8% | +6.0% |
| Rent & investment | ||
| Monthly rent | — | $2,661 |
| Gross yield | — | 5.6% |
| Cap rate | — | 3.3% |
| Property tax | ||
| Effective tax rate | 2.3% | Better: 1.8% |
| Typical annual tax | $13,144 | Better: $10,328 |
| Demographics | ||
| Population | 13,123 | 56,327 |
| Median household income | $76,659 | Better: $124,972 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively Moderate |
| Net migration | -2,927 | Better: -793 |
| Schools | ||
| Public schools | 4 | 10 |
| Students enrolled | 1,030 | 7,691 |