ElderCareCost
Showing results for ZIP 43762 (OH)
Home ZIP 37058

Nursing Care Facilities Market: ZIP 37058

Opportunity Score
47 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 37058 is an urban area with low foot traffic. with a population of 7,369 and household incomes near the national median ($59,896).

Area Profile

7,369
Population
$59,896
Median Income
-20% vs. national
Urban
Area Type
1.3/20
Foot Traffic
Very Car-Dependent
Median Age: 49.2 — older demographic, may prefer sit-down options.
College-Educated: 13.4% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$950
2BR Fair Market Rent
$744
Median Gross Rent
$200 K
Median Home Value
3
Bank Branches
$250 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
3

vs. National Average

Median Income
-20% vs. $74,580
Walkability
-9.2 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits