ZIP comparison · Memphis, TN-MS-AR

38023 vs 38125

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.

MetricZIP38023Randolph CDP, TNZIP38125Memphis, TN
Home value
Typical home value$273,345Better: $279,865
1-year appreciationBetter: +3.2%-1.4%
5-year CAGRBetter: +6.5%+4.4%
10-year CAGRBetter: +7.5%+6.7%
Rent & investment
Monthly rent$1,583
Gross yield6.8%
Cap rate4.1%
Property tax
Effective tax rateBetter: 0.5%0.9%
Typical annual taxBetter: $1,486$2,586
Demographics
Population5,68243,071
Median household income$78,568Better: $86,162
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively High
Net migrationBetter: +24-4,630
Schools
Public schools110
Students enrolled7196,286