Nursing Care Facilities Market: ZIP 37686
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37686 is an urban area with low foot traffic. with a population of 9,149 and household incomes above the national median ($84,894).
Area Profile
9,149
Population
$84,894
Median Income
+14% vs. national
Urban
Area Type
5.3/20
Foot Traffic
Very Car-Dependent
Median Age: 45.0 —
older demographic, may prefer sit-down options.
College-Educated: 25.4% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,440
2BR Fair Market Rent
$1,117
Median Gross Rent
$310 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+14% vs. $74,580
Walkability
-5.2 pts vs. national avg
Nearby Markets
37617
5.9 mi
Pop: 14,200
$65,069
37694
6.2 mi
Pop: 1,738
$60,125
Walk: 4.4
37601
7.3 mi
Pop: 38,622
$49,658
Walk: 7.8
37615
7.7 mi
Pop: 22,013
$75,556
Walk: 5.3
37614
9.7 mi
Pop: 2,581
Walk: 9.5
37663
9.8 mi
Pop: 14,037
$76,122
Walk: 6.0
37618
9.8 mi
Pop: 13,208
$58,413
37604
10.0 mi
Pop: 38,359
$49,351
Walk: 8.5
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