Nursing Care Facilities Market: ZIP 37929
Opportunity Score
42
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37929 is an urban area with high foot traffic.
Area Profile
0
Population
Urban
Area Type
17.0/20
Foot Traffic
Very Walkable
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,620
2BR Fair Market Rent
1
Bank Branches
$1.5 M 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
- Very Walkable
- Bank Branches
- 1
vs. National Average
Walkability
+6.5 pts vs. national avg
Nearby Markets
37902
0.3 mi
Pop: 2,308
$56,397
37915
1.2 mi
Pop: 6,124
$22,236
Walk: 12.8
37916
1.3 mi
Pop: 14,771
$17,982
Walk: 15.3
37917
2.7 mi
Pop: 25,738
$51,232
Walk: 12.9
37920
5.3 mi
Pop: 43,509
$61,348
Walk: 7.4
37912
5.7 mi
Pop: 22,009
$44,754
Walk: 9.5
37921
6.0 mi
Pop: 29,064
$57,813
Walk: 12.8
37918
6.5 mi
Pop: 45,978
$69,311
Walk: 11.2
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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