ZIP comparison · New York-Newark-Jersey City, NY-NJ
07524 vs 08848
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 | ZIP07524Paterson, NJ | ZIP08848Milford, NJ |
|---|---|---|
| Home value | ||
| Typical home value | Better: $525,825 | $525,289 |
| 1-year appreciation | Better: +3.0% | +1.5% |
| 5-year CAGR | Better: +6.5% | +5.6% |
| 10-year CAGR | Better: +9.4% | +5.0% |
| Rent & investment | ||
| Monthly rent | — | — |
| Gross yield | — | — |
| Cap rate | — | — |
| Property tax | ||
| Effective tax rate | 2.5% | Better: 2.2% |
| Typical annual tax | $13,119 | Better: $11,295 |
| Demographics | ||
| Population | 13,808 | 8,134 |
| Median household income | $49,103 | Better: $138,614 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively Low |
| Net migration | -2,927 | Better: -219 |
| Schools | ||
| Public schools | 2 | 2 |
| Students enrolled | 1,106 | 578 |