Nursing Care Facilities Market: ZIP 37865
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37865 is an urban area with low foot traffic. with a population of 25,113 and household incomes above the national median ($88,410).
Area Profile
25,113
Population
$88,410
Median Income
+19% vs. national
Urban
Area Type
6.6/20
Foot Traffic
Car-Dependent
Median Age: 42.2 —
older demographic, may prefer sit-down options.
College-Educated: 16.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,340
2BR Fair Market Rent
$1,351
Median Gross Rent
$280 K
Median Home Value
6
Bank Branches
$290 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
- Foot Traffic
- Car-Dependent
- Bank Branches
- 6
vs. National Average
Median Income
+19% vs. $74,580
Walkability
-3.9 pts vs. national avg
Nearby Markets
37862
9.0 mi
Pop: 21,719
$58,110
37886
9.1 mi
Pop: 3,585
$65,719
Walk: 4.4
37920
9.4 mi
Pop: 43,509
$61,348
Walk: 7.4
37914
10.0 mi
Pop: 20,917
$55,933
Walk: 6.9
37764
11.6 mi
Pop: 11,507
$69,028
37804
11.7 mi
Pop: 27,423
$75,794
Walk: 7.9
37853
12.2 mi
Pop: 3,533
$66,490
Walk: 6.5
37863
12.6 mi
Pop: 6,469
$53,587
Walk: 9.2
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