ZIP comparison · New York-Newark-Jersey City, NY-NJ
07922 vs 10016
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 | ZIP07922New Providence, NJ | ZIP10016New York, NY |
|---|---|---|
| Home value | ||
| Typical home value | Better: $929,941 | $929,127 |
| 1-year appreciation | Better: +4.9% | -0.4% |
| 5-year CAGR | Better: +6.0% | -1.0% |
| 10-year CAGR | Better: +4.2% | -0.7% |
| Rent & investment | ||
| Monthly rent | Better: $3,400 | $4,967 |
| Gross yield | 4.4% | Better: 6.4% |
| Cap rate | 2.6% | Better: 3.8% |
| Property tax | ||
| Effective tax rate | 1.8% | Better: 0.8% |
| Typical annual tax | $17,096 | Better: $7,754 |
| Demographics | ||
| Population | 12,195 | 52,971 |
| Median household income | Better: $202,944 | $140,381 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -1,953 | Better: +2,935 |
| Schools | ||
| Public schools | 6 | 5 |
| Students enrolled | 2,432 | 1,692 |