Nursing Care Facilities Market: ZIP 38253
Opportunity Score
32
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38253 is an suburban area. with a population of 956 and household incomes near the national median ($66,767).
Area Profile
956
Population
$66,767
Median Income
-10% vs. national
Suburban
Area Type
Median Age: 43.1 —
older demographic, may prefer sit-down options.
College-Educated: 22.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,140
2BR Fair Market Rent
$838
Median Gross Rent
$190 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
- Suburban
vs. National Average
Median Income
-10% vs. $74,580
Nearby Markets
38233
7.3 mi
Pop: 2,795
$55,481
38261
9.1 mi
Pop: 16,338
$52,884
Walk: 5.3
38259
11.3 mi
Pop: 682
$35,625
Walk: 3.2
38260
11.6 mi
Pop: 3,846
$49,336
38255
14.6 mi
Pop: 2,356
$42,125
Walk: 3.7
38369
14.6 mi
Pop: 1,636
$50,690
Walk: 4.2
38389
14.8 mi
Pop: 40
$35,500
Walk: 3.5
38237
16.0 mi
Pop: 15,273
$49,301
Walk: 7.5
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