Nursing Care Facilities Market: ZIP 37013
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37013 is an urban area with low foot traffic. with a population of 102,055 and household incomes near the national median ($72,233).
Area Profile
102,055
Population
$72,233
Median Income
-3% vs. national
Urban
Area Type
9.1/20
Foot Traffic
Very Car-Dependent
Median Age: 32.3 —
mixed-age market, broad menu appeal.
College-Educated: 18.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,930
2BR Fair Market Rent
$1,450
Median Gross Rent
$290 K
Median Home Value
4
Bank Branches
$160 K deposits
Tips for Starting a Elder Care Business in Tennessee
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 4
vs. National Average
Median Income
-3% vs. $74,580
Walkability
-1.4 pts vs. national avg
Nearby Markets
37217
4.3 mi
Pop: 31,440
$61,529
Walk: 10.4
37086
5.3 mi
Pop: 37,786
$79,285
Walk: 7.0
37211
6.5 mi
Pop: 77,117
$69,936
Walk: 10.2
37076
7.4 mi
Pop: 38,124
$74,555
Walk: 11.0
37214
8.3 mi
Pop: 30,547
$71,969
Walk: 9.7
37167
9.3 mi
Pop: 63,660
$79,720
Walk: 6.2
37210
9.7 mi
Pop: 17,116
$43,343
Walk: 13.1
37135
10.0 mi
Pop: 23,231
$146,028
Walk: 5.1
Check Another Market
Or estimate costs with the ElderCareCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits