Trader Joe's vs. Whole Foods: Study Says One Gives You Better Home Values

By Scott Viau (Patch Staff)

As if living in the same neighborhood as Cookie Butter, Two Buck Chuck and tubs of Triple Ginger Snaps wasn’t delightful enough, a recent study shows homeowners near Trader Joe’s grocery stores can expect a greater increase in home values.

That means your residence could see a 40 percent increase in home value since you purchased it. That’s the average home value appreciation for homes near a Trader Joe’s grocery store, according to a report by RealtyTrac.

Comparatively, the average home value appreciation near a Whole Foods is a 34 percent increase, which is the same as the national average appreciation.

The study also found the average home value in a Trader Joe’s zip code is 5 percent higher than the average value for a home near Whole Foods.

But there was one positive for Whole Foods neighbors over Trader Joe’s: property taxes. According to the report, property taxes were an average of $8,536 in Trader Joe’s towns, versus $5,382 in Whole Foods’ towns.

See the full report here.