Nursing Care Facilities Market: ZIP 37075
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37075 is an urban area with low foot traffic. with a population of 72,541 and household incomes above the national median ($97,597).
Area Profile
72,541
Population
$97,597
Median Income
+31% vs. national
Urban
Area Type
6.9/20
Foot Traffic
Car-Dependent
Median Age: 40.4 —
older demographic, may prefer sit-down options.
College-Educated: 29.8% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 37075.
8
Home Health Agencies
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,890
2BR Fair Market Rent
$1,552
Median Gross Rent
$400 K
Median Home Value
23
Bank Branches
$2.2 M 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
- Car-Dependent
- Related Businesses
- 8
- Bank Branches
- 23
vs. National Average
Median Income
+31% vs. $74,580
Walkability
-3.6 pts vs. national avg
Nearby Markets
37138
7.1 mi
Pop: 22,539
$87,450
Walk: 7.0
37115
8.6 mi
Pop: 41,303
$53,034
Walk: 10.5
37072
9.6 mi
Pop: 32,344
$75,514
Walk: 5.2
37048
10.4 mi
Pop: 6,325
$98,012
37188
10.9 mi
Pop: 17,685
$87,412
Walk: 5.3
37066
11.3 mi
Pop: 62,404
$78,049
Walk: 6.9
37216
11.9 mi
Pop: 18,933
$82,134
Walk: 11.1
37214
12.4 mi
Pop: 30,547
$71,969
Walk: 9.7
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