Nursing Care Facilities Market: ZIP 38021
Opportunity Score
0
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38021 is an suburban area.
Area Profile
7
Population
Suburban
Area Type
College-Educated: 57.1% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
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
- Suburban
Nearby Markets
38001
4.4 mi
Pop: 4,208
$49,911
38034
4.5 mi
Pop: 3,366
$48,875
Walk: 4.5
38050
4.8 mi
Pop: 425
$63,224
Walk: 3.5
38070
6.6 mi
Pop: 88
$58,667
Walk: 2.2
38337
12.5 mi
Pop: 1,363
$60,262
Walk: 4.3
38006
13.8 mi
Pop: 5,375
$61,250
38382
15.3 mi
Pop: 8,163
$58,125
Walk: 4.2
38037
15.7 mi
Pop: 1,556
$45,948
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