Real Estate details: Waterloo AL vs Memphis TN
RE Insights
| Metric | Waterloo | Memphis |
|---|---|---|
| Population | 183 | 621,056 |
| Median Home Price | $225,000 | $185,000 |
| Rent | 17% | 53% |
| Own | 83% | 47% |
Real Estate Insights Comparison: Waterloo vs Memphis
- The population in Memphis is greater at 621,056 compared to 183 in Waterloo.
- A higher median home price of $225,000 is found in Waterloo compared to $185,000 in Memphis.
- The rent percentage in Memphis is higher at 53% compared to 17% in Waterloo.
- A greater percentage of homeowners in Waterloo at 83% compared to 47% in Memphis.
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.