ZIP comparison · New York-Newark-Jersey City, NY-NJ
07950 vs 11208
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 | ZIP07950Morris Plains, NJ | ZIP11208New York, NY |
|---|---|---|
| Home value | ||
| Typical home value | $729,375 | Better: $729,721 |
| 1-year appreciation | +3.8% | Better: +5.7% |
| 5-year CAGR | Better: +6.0% | +3.5% |
| 10-year CAGR | +4.3% | Better: +5.5% |
| Rent & investment | ||
| Monthly rent | $3,558 | Better: $3,131 |
| Gross yield | Better: 5.9% | 5.1% |
| Cap rate | Better: 3.5% | 3.1% |
| Property tax | ||
| Effective tax rate | 1.9% | Better: 0.6% |
| Typical annual tax | $13,855 | Better: $4,354 |
| Demographics | ||
| Population | 21,651 | 105,428 |
| Median household income | Better: $153,762 | $62,077 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively High |
| Net migration | Better: -1,398 | -11,517 |
| Schools | ||
| Public schools | 7 | 30 |
| Students enrolled | 2,645 | 13,428 |