Nursing Care Facilities Market: ZIP 38222
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38222 is an rural area. with a population of 1,899 and household incomes near the national median ($54,980).
Area Profile
1,899
Population
$54,980
Median Income
-26% vs. national
Rural
Area Type
Median Age: 46.5 —
older demographic, may prefer sit-down options.
College-Educated: 15.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,050
2BR Fair Market Rent
$170 K
Median Home Value
1
Bank Branches
$6.7 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Bank Branches
- 1
vs. National Average
Median Income
-26% vs. $74,580
Nearby Markets
38256
9.1 mi
Pop: 2,994
$50,625
Walk: 2.5
42076
9.4 mi
Pop: 1,085
$39,226
Walk: 3.3
42049
12.2 mi
Pop: 1,386
$48,482
38251
13.7 mi
Pop: 3,492
$52,759
Walk: 3.6
42071
14.7 mi
Pop: 30,750
$48,976
Walk: 6.2
38242
15.7 mi
Pop: 19,619
$44,833
Walk: 5.6
38221
16.0 mi
Pop: 3,046
$52,109
37175
20.1 mi
Pop: 1,096
$46,971
Walk: 6.0
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