RemodCost
Home ZIP 37138

Remodelers Market: ZIP 37138

Opportunity Score
67 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 37138 is an urban area with low foot traffic. with a population of 22,539 and household incomes above the national median ($87,450).

Area Profile

22,539
Population
$87,450
Median Income
+17% vs. national
Urban
Area Type
7.0/20
Foot Traffic
Car-Dependent
Median Age: 44.1 — older demographic, may prefer sit-down options.
College-Educated: 29.7% — balanced market for quality & value.

Competition

Remodelers and related businesses in ZIP 37138.

6
HVAC Contractors
2.7 per 10K residents
4
Roofing Contractors
1.8 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,780
2BR Fair Market Rent
$1,427
Median Gross Rent
$350 K
Median Home Value

Tips for Starting a Home Remodeling Business in Tennessee

  • Get your contractor's license and insurance before your first job. Operating without them is illegal in most states and one lawsuit ends you.
  • Kitchen and bathroom remodels have the highest margins. Whole-home renovations sound bigger but the complexity eats your profit.
  • Your first 10 jobs come from personal network and referrals. Don't spend on ads until you have 5-star reviews to back them up.
  • Material costs swing 15-30% year over year. Quote projects with current supplier pricing, not last year's numbers.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits