Memphis, TN-MS-AR · Mississippi

Tate County

ZIP 38668

28,135 residents132 permits TTM$63,995 median HHI3 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$173,000

ACS 5-Year

Cap rate proxy

8.8%

FMR × 0.65 ÷ Home Value

Rent-to-income

16.8%

HUD FMR ÷ ACS HHI

Net migration

+1.82%

IRS SOI

Permits (TTM)

132

Census BPS

Climate risk

41.2

FEMA NRI (0–100)

ZIP 38668

Median home value

Gross yield

Buy Box score

0.5

Section 8 gap

Affordability

P/I: 3.7R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown3 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
386650.5
386680.5
38618$173,000$1,1307.8%0.526.0%

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Demographics

Owner-occupied

72.9%

Census ACS

Vacancy rate

7.0%

Census ACS

Bachelor's degree +

20.9%

Census ACS

Rent burdened

44.5%

Census ACS (>30% income)

Median age

38.5

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026