ZIP comparison · Memphis, TN-MS-AR
38053 vs 38618
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 | ZIP38053Millington, TN | ZIP38618Arkabutla CDP, MS |
|---|---|---|
| Home value | ||
| Typical home value | Better: $244,562 | $240,211 |
| 1-year appreciation | +1.4% | Better: +4.0% |
| 5-year CAGR | Better: +5.7% | +5.4% |
| 10-year CAGR | Better: +7.1% | +6.3% |
| Rent & investment | ||
| Monthly rent | $1,520 | — |
| Gross yield | 7.5% | — |
| Cap rate | 4.5% | — |
| Property tax | ||
| Effective tax rate | 0.9% | Better: 0.5% |
| Typical annual tax | $2,114 | Better: $1,261 |
| Demographics | ||
| Population | 25,303 | 9,866 |
| Median household income | $58,194 | Better: $66,244 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Very Low |
| Net migration | -4,630 | Better: -3 |
| Schools | ||
| Public schools | 6 | 4 |
| Students enrolled | 3,555 | 1,244 |