ZIP comparison · Memphis, TN-MS-AR
38019 vs 38637
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 | ZIP38019Covington, TN | ZIP38637Horn Lake, MS |
|---|---|---|
| Home value | ||
| Typical home value | Better: $209,656 | $202,464 |
| 1-year appreciation | Better: +2.9% | +0.2% |
| 5-year CAGR | Better: +6.1% | +5.3% |
| 10-year CAGR | Better: +7.2% | +6.8% |
| Rent & investment | ||
| Monthly rent | — | $1,529 |
| Gross yield | — | 9.1% |
| Cap rate | — | 5.4% |
| Property tax | ||
| Effective tax rate | 0.5% | Better: 0.5% |
| Typical annual tax | $1,145 | Better: $948 |
| Demographics | ||
| Population | 15,760 | 26,647 |
| Median household income | Better: $61,826 | $53,311 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | +24 | Better: +451 |
| Schools | ||
| Public schools | 6 | 5 |
| Students enrolled | 2,903 | 4,108 |