ZIP comparison · Springfield, IL
62702 vs 62703
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 | ZIP62702Springfield, IL | ZIP62703Springfield, IL |
|---|---|---|
| Home value | ||
| Typical home value | Better: $109,724 | $95,148 |
| 1-year appreciation | Better: +6.8% | +6.4% |
| 5-year CAGR | Better: +6.7% | +5.9% |
| 10-year CAGR | Better: +3.9% | +3.7% |
| Rent & investment | ||
| Monthly rent | Better: $1,088 | $1,210 |
| Gross yield | 11.9% | Better: 15.3% |
| Cap rate | 7.1% | Better: 9.2% |
| Property tax | ||
| Effective tax rate | 1.9% | Better: 1.8% |
| Typical annual tax | $2,081 | Better: $1,759 |
| Demographics | ||
| Population | 31,033 | 28,922 |
| Median household income | Better: $51,136 | $45,009 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -355 | -355 |
| Schools | ||
| Public schools | 8 | 15 |
| Students enrolled | 2,630 | 4,615 |