ZIP comparison · Memphis, TN-MS-AR
38116 vs 38633
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 | ZIP38116Memphis, TN | ZIP38633Hickory Flat, MS |
|---|---|---|
| Home value | ||
| Typical home value | $158,219 | Better: $162,804 |
| 1-year appreciation | -0.7% | Better: +6.6% |
| 5-year CAGR | Better: +3.1% | +1.9% |
| 10-year CAGR | Better: +6.8% | +3.1% |
| Rent & investment | ||
| Monthly rent | $905 | — |
| Gross yield | 6.9% | — |
| Cap rate | 4.1% | — |
| Property tax | ||
| Effective tax rate | 0.9% | Better: 0.3% |
| Typical annual tax | $1,450 | Better: $534 |
| Demographics | ||
| Population | 40,061 | 2,212 |
| Median household income | Better: $42,183 | $33,029 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Very Low |
| Net migration | -4,630 | Better: -37 |
| Schools | ||
| Public schools | 15 | 1 |
| Students enrolled | 7,160 | 457 |