ZIP comparison · New York-Newark-Jersey City, NY-NJ
08805 vs 10031
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 | ZIP08805Bound Brook, NJ | ZIP10031New York, NY |
|---|---|---|
| Home value | ||
| Typical home value | Better: $528,924 | $528,909 |
| 1-year appreciation | Better: -0.2% | -0.9% |
| 5-year CAGR | Better: +7.0% | -0.1% |
| 10-year CAGR | Better: +6.8% | -0.2% |
| Rent & investment | ||
| Monthly rent | Better: $2,155 | $3,069 |
| Gross yield | 4.9% | Better: 7.0% |
| Cap rate | 2.9% | Better: 4.2% |
| Property tax | ||
| Effective tax rate | 2.1% | Better: 0.6% |
| Typical annual tax | $11,011 | Better: $3,080 |
| Demographics | ||
| Population | 14,066 | 61,058 |
| Median household income | Better: $93,341 | $65,283 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively High |
| Net migration | -793 | Better: +2,935 |
| Schools | ||
| Public schools | 5 | 10 |
| Students enrolled | 1,979 | 4,959 |