Nursing Care Facilities Market: ZIP 37091
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37091 is an suburban area with low foot traffic. with a population of 23,991 and household incomes near the national median ($61,887).
Area Profile
23,991
Population
$61,887
Median Income
-17% vs. national
Suburban
Area Type
7.7/20
Foot Traffic
Car-Dependent
Median Age: 38.9 —
mixed-age market, broad menu appeal.
College-Educated: 14.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,210
2BR Fair Market Rent
$885
Median Gross Rent
$230 K
Median Home Value
6
Bank Branches
$590 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
- Suburban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 6
vs. National Average
Median Income
-17% vs. $74,580
Walkability
-2.8 pts vs. national avg
Nearby Markets
37019
7.9 mi
Pop: 618
$43,889
37034
11.4 mi
Pop: 8,596
$84,906
37047
13.0 mi
Pop: 2,685
$63,977
37144
14.9 mi
Pop: 2,941
$66,016
38451
15.6 mi
Pop: 4,196
$74,844
Walk: 4.7
37180
16.1 mi
Pop: 3,831
$88,581
Walk: 4.1
38401
20.0 mi
Pop: 66,696
$69,467
Walk: 6.6
38472
20.2 mi
Pop: 2,489
$70,069
Walk: 5.4
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