ZIP comparison · Memphis, TN-MS-AR
38141 vs 38685
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 | ZIP38141Memphis, TN | ZIP38685Waterford CDP, MS |
|---|---|---|
| Home value | ||
| Typical home value | Better: $192,811 | $186,345 |
| 1-year appreciation | -1.4% | Better: +0.4% |
| 5-year CAGR | Better: +4.2% | +2.5% |
| 10-year CAGR | +7.3% | — |
| Rent & investment | ||
| Monthly rent | $1,547 | — |
| Gross yield | 9.6% | — |
| Cap rate | 5.8% | — |
| Property tax | ||
| Effective tax rate | 1.1% | Better: 0.6% |
| Typical annual tax | $2,041 | Better: $1,120 |
| Demographics | ||
| Population | 23,952 | 1,301 |
| Median household income | Better: $60,817 | $41,210 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively Low |
| Net migration | -4,630 | Better: +162 |
| Schools | ||
| Public schools | 3 | — |
| Students enrolled | 1,539 | — |