Real Estate details: Houston TX vs Memphis TN
RE Insights
Metric | Houston | Memphis |
---|---|---|
Population | 2,302,878 | 621,056 |
Median Home Price | $321,000 | $185,000 |
Rent | 58% | 53% |
Own | 42% | 47% |
Real Estate Insights Comparison: Houston vs Memphis
- Houston has a larger population of 2,302,878 compared to 621,056 in Memphis.
- A higher median home price of $321,000 is found in Houston compared to $185,000 in Memphis.
- Rent in Houston is higher at 58% compared to 53% in Memphis.
- More homeowners can be found in Memphis at 47% compared to 42% in Houston.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.