ZIP comparison · New York-Newark-Jersey City, NY-NJ
07981 vs 11229
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 | ZIP07981Whippany CDP, NJ | ZIP11229New York, NY |
|---|---|---|
| Home value | ||
| Typical home value | $761,976 | Better: $763,543 |
| 1-year appreciation | Better: +5.9% | +2.6% |
| 5-year CAGR | Better: +5.7% | +0.4% |
| 10-year CAGR | Better: +4.0% | +2.5% |
| Rent & investment | ||
| Monthly rent | — | $2,565 |
| Gross yield | — | 4.0% |
| Cap rate | — | 2.4% |
| Property tax | ||
| Effective tax rate | 1.4% | Better: 0.7% |
| Typical annual tax | $10,532 | Better: $5,523 |
| Demographics | ||
| Population | 9,030 | 78,377 |
| Median household income | Better: $149,893 | $70,603 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively High |
| Net migration | Better: -1,398 | -11,517 |
| Schools | ||
| Public schools | 4 | 8 |
| Students enrolled | 1,557 | 9,788 |