ZIP comparison · Raleigh-Cary, NC
27560 vs 27587
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 | ZIP27560Morrisville, NC | ZIP27587Wake Forest, NC |
|---|---|---|
| Home value | ||
| Typical home value | $505,518 | Better: $515,569 |
| 1-year appreciation | -4.8% | Better: -1.6% |
| 5-year CAGR | +5.6% | Better: +5.9% |
| 10-year CAGR | +5.3% | Better: +5.5% |
| Rent & investment | ||
| Monthly rent | Better: $1,687 | $1,805 |
| Gross yield | 4.0% | Better: 4.2% |
| Cap rate | 2.4% | Better: 2.5% |
| Property tax | ||
| Effective tax rate | 0.8% | Better: 0.7% |
| Typical annual tax | $4,032 | Better: $3,616 |
| Demographics | ||
| Population | 40,792 | 82,886 |
| Median household income | $118,417 | Better: $133,743 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | +3,843 | +3,843 |
| Schools | ||
| Public schools | 6 | 15 |
| Students enrolled | 3,689 | 15,047 |