ZIP comparison · Memphis, TN-MS-AR
38106 vs 38108
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 | ZIP38106Memphis, TN | ZIP38108Memphis, TN |
|---|---|---|
| Home value | ||
| Typical home value | $58,797 | Better: $71,667 |
| 1-year appreciation | Better: -8.1% | -8.5% |
| 5-year CAGR | Better: +3.8% | +3.8% |
| 10-year CAGR | Better: +10.2% | +9.4% |
| Rent & investment | ||
| Monthly rent | Better: $934 | $949 |
| Gross yield | Better: 19.1% | 15.9% |
| Cap rate | Better: 11.4% | 9.5% |
| Property tax | ||
| Effective tax rate | Better: 0.9% | 1.0% |
| Typical annual tax | Better: $511 | $736 |
| Demographics | ||
| Population | 20,962 | 17,562 |
| Median household income | $30,232 | Better: $36,257 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -4,630 | -4,630 |
| Schools | ||
| Public schools | 16 | 10 |
| Students enrolled | 4,925 | 4,058 |