ZIP comparison · Memphis, TN-MS-AR
38104 vs 38117
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 | ZIP38104Memphis, TN | ZIP38117Memphis, TN |
|---|---|---|
| Home value | ||
| Typical home value | $257,277 | Better: $269,676 |
| 1-year appreciation | -5.4% | Better: -1.5% |
| 5-year CAGR | -0.2% | Better: +1.9% |
| 10-year CAGR | +4.3% | Better: +5.6% |
| Rent & investment | ||
| Monthly rent | Better: $1,148 | $1,552 |
| Gross yield | 5.4% | Better: 6.9% |
| Cap rate | 3.2% | Better: 4.1% |
| Property tax | ||
| Effective tax rate | 1.3% | Better: 1.2% |
| Typical annual tax | Better: $3,257 | $3,290 |
| Demographics | ||
| Population | 22,634 | 25,776 |
| Median household income | $58,117 | Better: $85,633 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -4,630 | -4,630 |
| Schools | ||
| Public schools | 12 | 7 |
| Students enrolled | 5,580 | 6,586 |