Nursing Care Facilities Market: ZIP 37743
Opportunity Score
62
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37743 is an suburban area. with a population of 23,418 and household incomes near the national median ($52,802).
Area Profile
23,418
Population
$52,802
Median Income
-29% vs. national
Suburban
Area Type
Median Age: 47.3 —
older demographic, may prefer sit-down options.
College-Educated: 12.9% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 37743.
3
Home Health Agencies
1.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$900
2BR Fair Market Rent
$729
Median Gross Rent
$200 K
Median Home Value
6
Bank Branches
$380 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
- Related Businesses
- 3
- Bank Branches
- 6
vs. National Average
Median Income
-29% vs. $74,580
Nearby Markets
37818
11.4 mi
Pop: 5,407
$46,657
Walk: 3.4
37616
12.8 mi
Pop: 5,638
$68,487
37843
13.9 mi
Pop: 4,385
$66,071
Walk: 2.7
37809
14.0 mi
Pop: 2,392
$57,753
37745
14.4 mi
Pop: 21,131
$54,946
Walk: 5.5
37641
16.1 mi
Pop: 9,110
$62,598
37727
17.1 mi
Pop: 2,026
$50,000
28753
17.2 mi
Pop: 9,778
$56,172
Walk: 4.3
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