Nursing Care Facilities Market: ZIP 37754
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37754 is an urban area with low foot traffic. with a population of 4,075 and household incomes near the national median ($70,475).
Area Profile
4,075
Population
$70,475
Median Income
-6% vs. national
Urban
Area Type
4.8/20
Foot Traffic
Very Car-Dependent
Median Age: 46.1 —
older demographic, may prefer sit-down options.
College-Educated: 12.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,490
2BR Fair Market Rent
$995
Median Gross Rent
$190 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
-5.7 pts vs. national avg
Nearby Markets
37828
4.9 mi
Pop: 1,348
$74,698
37849
6.0 mi
Pop: 28,872
$83,400
Walk: 5.6
37705
6.2 mi
Pop: 5,479
$77,853
37938
6.4 mi
Pop: 16,904
$80,868
Walk: 5.3
37912
9.5 mi
Pop: 22,009
$44,754
Walk: 9.5
37918
9.6 mi
Pop: 45,978
$69,311
Walk: 11.2
37757
9.9 mi
Pop: 10,515
$63,889
37716
9.9 mi
Pop: 26,361
$61,250
Walk: 7.8
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