ZIP comparison · New York-Newark-Jersey City, NY-NJ
07940 vs 10006
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 | ZIP07940Madison, NJ | ZIP10006New York, NY |
|---|---|---|
| Home value | ||
| Typical home value | Better: $1,057,444 | $1,055,615 |
| 1-year appreciation | Better: +6.9% | +0.5% |
| 5-year CAGR | Better: +6.7% | -1.8% |
| 10-year CAGR | Better: +4.0% | -3.3% |
| Rent & investment | ||
| Monthly rent | Better: $3,155 | $4,498 |
| Gross yield | 3.6% | Better: 5.1% |
| Cap rate | 2.1% | Better: 3.1% |
| Property tax | ||
| Effective tax rate | 1.5% | Better: 1.3% |
| Typical annual tax | $16,275 | Better: $13,549 |
| Demographics | ||
| Population | 17,610 | 4,096 |
| Median household income | $172,708 | Better: $190,170 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively High |
| Net migration | -1,398 | Better: +2,935 |
| Schools | ||
| Public schools | 5 | 3 |
| Students enrolled | 2,466 | 1,175 |