Remodelers Market: ZIP 37150
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37150 is an urban area. with a population of 4,363 and household incomes below the national median ($33,627).
Area Profile
4,363
Population
$33,627
Median Income
-55% vs. national
Urban
Area Type
Median Age: 39.1 —
mixed-age market, broad menu appeal.
College-Educated: 8.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$970
2BR Fair Market Rent
$751
Median Gross Rent
$150 K
Median Home Value
2
Bank Branches
$110 K deposits
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.
- Median income sits at $33,627. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 2
vs. National Average
Median Income
-55% vs. $74,580
Nearby Markets
42140
8.0 mi
Pop: 1,261
$42,935
38588
8.6 mi
Pop: 1,004
$41,220
Walk: 3.4
38575
12.5 mi
Pop: 987
$58,125
Walk: 4.1
37083
13.2 mi
Pop: 16,887
$60,215
37145
13.3 mi
Pop: 2,418
$65,125
42167
15.4 mi
Pop: 8,393
$45,388
Walk: 3.9
42133
16.2 mi
Pop: 1,311
$53,333
38562
16.7 mi
Pop: 6,586
$38,325
Walk: 5.4
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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