Nursing Care Facilities Market: ZIP 37813
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37813 is an urban area. with a population of 17,479 and household incomes below the national median ($47,783).
Area Profile
17,479
Population
$47,783
Median Income
-36% vs. national
Urban
Area Type
Median Age: 39.2 —
mixed-age market, broad menu appeal.
College-Educated: 9.9% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 37813.
4
Home Health Agencies
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,040
2BR Fair Market Rent
$813
Median Gross Rent
$160 K
Median Home Value
4
Bank Branches
$390 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
- Urban
- Related Businesses
- 4
- Bank Branches
- 4
vs. National Average
Median Income
-36% vs. $74,580
Nearby Markets
37814
6.9 mi
Pop: 34,842
$51,083
Walk: 7.2
37860
7.0 mi
Pop: 3,739
$74,904
Walk: 5.0
37890
7.0 mi
Pop: 7,218
$61,905
Walk: 4.2
37877
10.5 mi
Pop: 9,103
$76,191
Walk: 5.9
37713
10.7 mi
Pop: 1,348
$52,500
37810
10.7 mi
Pop: 1,991
$32,609
37708
11.5 mi
Pop: 6,248
$45,331
37891
11.5 mi
Pop: 4,338
$46,704
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