Nursing Care Facilities Market: ZIP 38552
Opportunity Score
20
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38552 is an rural area. with a population of 286 and household incomes near the national median ($58,942).
Area Profile
286
Population
$58,942
Median Income
-21% vs. national
Rural
Area Type
Median Age: 33.3 —
mixed-age market, broad menu appeal.
College-Educated: 14.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,050
2BR Fair Market Rent
$561
Median Gross Rent
$210 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.
- 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
vs. National Average
Median Income
-21% vs. $74,580
Nearby Markets
38560
2.9 mi
Pop: 1,639
$65,221
Walk: 2.8
38548
3.3 mi
Pop: 1,217
$56,979
38564
4.9 mi
Pop: 435
$56,116
Walk: 2.5
38569
7.5 mi
Pop: 316
Walk: 4.7
38582
8.8 mi
Pop: 1,982
$68,889
Walk: 4.2
37030
9.6 mi
Pop: 7,889
$57,510
Walk: 8.7
38567
9.7 mi
Pop: 1,035
$105,625
38545
10.7 mi
Pop: 1,545
$59,375
Walk: 3.8
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