Nursing Care Facilities Market: ZIP 37085
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37085 is an urban area. with a population of 6,102 and household incomes well above the national median ($123,469).
Area Profile
6,102
Population
$123,469
Median Income
+66% vs. national
Urban
Area Type
Median Age: 39.8 —
mixed-age market, broad menu appeal.
College-Educated: 30.0% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,550
2BR Fair Market Rent
$410 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.
- The median income here is $123,469. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+66% vs. $74,580
Nearby Markets
37130
5.6 mi
Pop: 57,768
$60,389
Walk: 8.4
37118
6.5 mi
Pop: 1,087
$86,447
37132
9.2 mi
Pop: 2,698
Walk: 12.2
37090
11.3 mi
Pop: 17,929
$85,048
Walk: 6.4
37016
11.4 mi
Pop: 851
$64,417
37149
11.6 mi
Pop: 2,575
$68,733
Walk: 3.3
37129
12.0 mi
Pop: 60,615
$89,772
Walk: 7.1
37127
12.4 mi
Pop: 22,029
$85,947
Walk: 4.4
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