Nursing Care Facilities Market: ZIP 38135
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38135 is an urban area with low foot traffic. with a population of 30,490 and household incomes above the national median ($92,458).
Area Profile
30,490
Population
$92,458
Median Income
+24% vs. national
Urban
Area Type
7.9/20
Foot Traffic
Car-Dependent
Median Age: 41.4 —
older demographic, may prefer sit-down options.
College-Educated: 26.8% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,930
2BR Fair Market Rent
$1,580
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
vs. National Average
Median Income
+24% vs. $74,580
Walkability
-2.6 pts vs. national avg
Nearby Markets
38029
1.7 mi
Pop: 34
38133
4.1 mi
Pop: 21,153
$82,485
Walk: 10.4
38134
4.5 mi
Pop: 42,500
$61,172
Walk: 10.5
38128
5.5 mi
Pop: 44,027
$43,166
Walk: 9.8
38054
6.9 mi
Pop: 136
Walk: 5.1
38016
7.3 mi
Pop: 44,390
$75,719
Walk: 8.6
38122
7.6 mi
Pop: 25,310
$45,456
Walk: 12.2
38120
8.0 mi
Pop: 13,249
$119,309
Walk: 13.6
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