ElderCareCost
Showing results for ZIP 63135 (MO)
Home ZIP 37398

Nursing Care Facilities Market: ZIP 37398

Opportunity Score
52 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 37398 is an suburban area with low foot traffic. with a population of 15,712 and household incomes near the national median ($63,542).

Area Profile

15,712
Population
$63,542
Median Income
-15% vs. national
Suburban
Area Type
4.4/20
Foot Traffic
Very Car-Dependent
Median Age: 44.1 — older demographic, may prefer sit-down options.
College-Educated: 17.6% — value-focused market, keep prices competitive.

Competition

Nursing Care Facilities and related businesses in ZIP 37398.

6
Home Health Agencies
3.8 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$930
2BR Fair Market Rent
$879
Median Gross Rent
$230 K
Median Home Value
3
Bank Branches
$310 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
Very Car-Dependent
Related Businesses
6
Bank Branches
3

vs. National Average

Median Income
-15% vs. $74,580
Walkability
-6.1 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits