ZIP comparison · Springfield, OH

45505 vs 45506

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.

MetricZIP45505Springfield, OHZIP45506Springfield, OH
Home value
Typical home valueBetter: $130,572$117,315
1-year appreciationBetter: +6.7%+0.6%
5-year CAGRBetter: +9.6%+8.1%
10-year CAGR+9.6%Better: +10.2%
Rent & investment
Monthly rent$1,044
Gross yield10.7%
Cap rate6.4%
Property tax
Effective tax rate1.2%Better: 1.2%
Typical annual tax$1,595Better: $1,415
Demographics
Population19,82613,435
Median household incomeBetter: $43,819$42,104
Climate & migration
Overall risk (FEMA NRI)Relatively LowRelatively Low
Net migration-88-88
Schools
Public schools103
Students enrolled3,5601,186