Nursing Care Facilities Market: ZIP 37909
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37909 is an urban area with low foot traffic. with a population of 16,848 and household incomes near the national median ($61,365).
Area Profile
16,848
Population
$61,365
Median Income
-18% vs. national
Urban
Area Type
8.4/20
Foot Traffic
Car-Dependent
Median Age: 36.4 —
mixed-age market, broad menu appeal.
College-Educated: 31.5% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 37909.
5
Home Health Agencies
3.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,570
2BR Fair Market Rent
$1,156
Median Gross Rent
$270 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
- Car-Dependent
- Related Businesses
- 5
vs. National Average
Median Income
-18% vs. $74,580
Walkability
-2.1 pts vs. national avg
Nearby Markets
37921
2.6 mi
Pop: 29,064
$57,813
Walk: 12.8
37919
2.7 mi
Pop: 31,401
$71,863
Walk: 11.9
37923
4.2 mi
Pop: 30,874
$70,046
Walk: 8.9
37912
5.0 mi
Pop: 22,009
$44,754
Walk: 9.5
37916
6.2 mi
Pop: 14,771
$17,982
Walk: 15.3
37902
7.2 mi
Pop: 2,308
$56,397
37931
7.4 mi
Pop: 31,149
$91,284
Walk: 5.8
37929
7.4 mi
Pop: 0
Walk: 17.0
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