Remodelers Market: ZIP 37902
Opportunity Score
42
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37902 is an urban area. with a population of 2,308 and household incomes near the national median ($56,397).
Area Profile
2,308
Population
$56,397
Median Income
-24% vs. national
Urban
Area Type
Median Age: 35.2 —
mixed-age market, broad menu appeal.
College-Educated: 43.9% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,940
2BR Fair Market Rent
$1,322
Median Gross Rent
$570 K
Median Home Value
6
Bank Branches
$2.4 M 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 6
vs. National Average
Median Income
-24% vs. $74,580
Nearby Markets
37929
0.3 mi
Pop: 0
Walk: 17.0
37916
1.1 mi
Pop: 14,771
$17,982
Walk: 15.3
37915
1.5 mi
Pop: 6,124
$22,236
Walk: 12.8
37917
2.8 mi
Pop: 25,738
$51,232
Walk: 12.9
37920
5.5 mi
Pop: 43,509
$61,348
Walk: 7.4
37912
5.5 mi
Pop: 22,009
$44,754
Walk: 9.5
37921
5.8 mi
Pop: 29,064
$57,813
Walk: 12.8
37919
6.4 mi
Pop: 31,401
$71,863
Walk: 11.9
Check Another Market
Or estimate costs with the RemodCost 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