Nursing Care Facilities Market: ZIP 37033
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37033 is an rural area. with a population of 8,656 and household incomes near the national median ($56,455).
Area Profile
8,656
Population
$56,455
Median Income
-24% vs. national
Rural
Area Type
Median Age: 45.8 —
older demographic, may prefer sit-down options.
College-Educated: 9.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$935
Median Gross Rent
$200 K
Median Home Value
4
Bank Branches
$210 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Bank Branches
- 4
vs. National Average
Median Income
-24% vs. $74,580
Nearby Markets
37137
10.3 mi
Pop: 1,999
$43,239
Walk: 6.7
37140
10.5 mi
Pop: 1,493
$59,550
Walk: 5.8
38454
14.7 mi
Pop: 888
$46,750
38462
15.0 mi
Pop: 10,268
$50,913
Walk: 4.9
38461
18.2 mi
Pop: 1,176
$58,564
37078
18.5 mi
Pop: 881
$62,625
37097
18.5 mi
Pop: 2,118
$53,235
Walk: 3.4
37098
19.3 mi
Pop: 5,933
$53,902
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