Nursing Care Facilities Market: ZIP 37069
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37069 is an urban area with low foot traffic. with a population of 19,994 and household incomes well above the national median ($146,336).
Area Profile
19,994
Population
$146,336
Median Income
+96% vs. national
Urban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Median Age: 44.3 —
older demographic, may prefer sit-down options.
College-Educated: 47.7% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,740
2BR Fair Market Rent
$2,091
Median Gross Rent
$710 K
Median Home Value
4
Bank Branches
$240 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.
- The median income here is $146,336. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 4
vs. National Average
Median Income
+96% vs. $74,580
Walkability
-2.0 pts vs. national avg
Nearby Markets
37221
7.1 mi
Pop: 41,811
$99,083
Walk: 7.4
37064
7.7 mi
Pop: 66,641
$121,492
Walk: 6.8
37215
8.2 mi
Pop: 22,188
$151,156
Walk: 10.6
37027
8.2 mi
Pop: 61,961
$156,002
Walk: 7.5
37205
9.2 mi
Pop: 24,557
$133,068
Walk: 11.1
37220
9.5 mi
Pop: 5,483
$156,227
Walk: 7.9
37067
10.5 mi
Pop: 31,550
$110,202
Walk: 10.6
37179
11.9 mi
Pop: 17,411
$124,844
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