Nursing Care Facilities Market: ZIP 37078
Opportunity Score
30
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37078 is an rural area. with a population of 881 and household incomes near the national median ($62,625).
Area Profile
881
Population
$62,625
Median Income
-16% vs. national
Rural
Area Type
Median Age: 48.8 —
older demographic, may prefer sit-down options.
College-Educated: 6.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$950
2BR Fair Market Rent
$1,696
Median Gross Rent
$270 K
Median Home Value
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
vs. National Average
Median Income
-16% vs. $74,580
Nearby Markets
37140
8.9 mi
Pop: 1,493
$59,550
Walk: 5.8
37097
9.2 mi
Pop: 2,118
$53,235
Walk: 3.4
37185
12.6 mi
Pop: 9,120
$52,849
Walk: 5.0
37134
13.5 mi
Pop: 2,922
$80,343
Walk: 4.8
37101
15.8 mi
Pop: 6,888
$72,669
37033
18.5 mi
Pop: 8,656
$56,455
37137
18.6 mi
Pop: 1,999
$43,239
Walk: 6.7
38380
20.2 mi
Pop: 450
$57,014
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