ZIP comparison · Memphis, TN-MS-AR
38120 vs 38138
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 | ZIP38120Memphis, TN | ZIP38138Germantown, TN |
|---|---|---|
| Home value | ||
| Typical home value | $427,662 | Better: $439,034 |
| 1-year appreciation | Better: -1.0% | -1.6% |
| 5-year CAGR | +2.6% | Better: +3.3% |
| 10-year CAGR | +4.7% | Better: +5.1% |
| Rent & investment | ||
| Monthly rent | Better: $1,535 | $2,425 |
| Gross yield | 4.3% | Better: 6.6% |
| Cap rate | 2.6% | Better: 4.0% |
| Property tax | ||
| Effective tax rate | 1.5% | Better: 1.0% |
| Typical annual tax | $6,208 | Better: $4,461 |
| Demographics | ||
| Population | 13,309 | 25,167 |
| Median household income | $123,538 | Better: $136,297 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -4,630 | -4,630 |
| Schools | ||
| Public schools | 2 | 7 |
| Students enrolled | 2,002 | 5,523 |