Nursing Care Facilities Market: ZIP 37690
Opportunity Score
53
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37690 is an urban area with low foot traffic. with a population of 4,720 and household incomes near the national median ($70,026).
Area Profile
4,720
Population
$70,026
Median Income
-6% vs. national
Urban
Area Type
3.1/20
Foot Traffic
Very Car-Dependent
Median Age: 49.5 —
older demographic, may prefer sit-down options.
College-Educated: 13.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$970
2BR Fair Market Rent
$867
Median Gross Rent
$220 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
-6% vs. $74,580
Walkability
-7.4 pts vs. national avg
Nearby Markets
37659
4.2 mi
Pop: 29,247
$69,765
Walk: 5.0
37681
4.3 mi
Pop: 6,031
$60,685
Walk: 3.6
37641
8.0 mi
Pop: 9,110
$62,598
37656
11.4 mi
Pop: 3,566
$65,731
37615
12.5 mi
Pop: 22,013
$75,556
Walk: 5.3
37604
12.6 mi
Pop: 38,359
$49,351
Walk: 8.5
37650
12.9 mi
Pop: 13,109
$49,671
Walk: 9.2
37616
13.4 mi
Pop: 5,638
$68,487
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