ZIP comparison · Memphis, TN-MS-AR
38108 vs 38114
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 | ZIP38108Memphis, TN | ZIP38114Memphis, TN |
|---|---|---|
| Home value | ||
| Typical home value | $71,667 | Better: $76,761 |
| 1-year appreciation | Better: -8.5% | -10.8% |
| 5-year CAGR | Better: +3.8% | +1.0% |
| 10-year CAGR | Better: +9.4% | +8.9% |
| Rent & investment | ||
| Monthly rent | Better: $949 | $952 |
| Gross yield | Better: 15.9% | 14.9% |
| Cap rate | Better: 9.5% | 8.9% |
| Property tax | ||
| Effective tax rate | 1.0% | Better: 0.6% |
| Typical annual tax | $736 | Better: $497 |
| Demographics | ||
| Population | 17,562 | 20,298 |
| Median household income | Better: $36,257 | $34,206 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -4,630 | -4,630 |
| Schools | ||
| Public schools | 10 | 8 |
| Students enrolled | 4,058 | 2,722 |