The Education Premium in Zip Codes: A Study of School District Boundaries

When it comes to real estate, the quality of local schools is a top priority for many homebuyers. In this study, we analyzed data from various cities across the United States to explore the impact of school district boundaries on property values.

Methodology

We collected data from a sample of schools across the country, with a focus on cities in Illinois, Iowa, Arkansas, Florida, Kentucky, and California. Our analysis included metrics such as median price, homes sold, inventory, days on market, and other relevant factors.

Results

Our findings indicate that schools in Herrin, IL, have a median sale price of $N/A, with homes staying on the market for N/A days. In contrast, schools in Waterloo, IA, have a median price of $N/A, with homes staying on the market for N/A days. For more detailed information, check out our zip codes analysis.

Let's take a closer look at the data for Herrin, IL. According to our analysis, the city's schools have a high percentage of students scoring well in science, with 72.15% achieving level 3 or higher in the 2023-2024 school year.

We also compared the data for Waterloo, IA, which had a higher percentage of students scoring well in math, with 72.49% achieving level 1 or higher in the 2023-2024 school year.

Zip Code Analysis

To further understand the impact of school district boundaries on property values, we analyzed the data for specific zip codes. For example, the 62948 zip code in Herrin, IL, had a median sale price of $N/A and a high percentage of students scoring well in science. For more detailed information, check out our The short-term rental market continues to evolve, ....

On the other hand, the 50701 zip code in Waterloo, IA, had a median price of $N/A and a high percentage of students scoring well in math.

Internal Links

For a more comprehensive analysis of the real estate market, be sure to check out our blog post on zip codes analysis.

Additionally, our article on local experiences provides valuable insights on how short-term rental hosts can differentiate themselves in the market.

Conclusion

In conclusion, our study highlights the significant impact of school district boundaries on property values. By understanding the quality of local schools, homebuyers and investors can make informed decisions about their real estate investments. We hope this analysis has provided valuable insights into the complex relationships between education, zip codes, and property values.

As the real estate market continues to evolve, it's essential to stay up-to-date on the latest trends and data-driven analysis. Be sure to check out our other blog posts for more insights on the industry.