Remodelers Market: ZIP 37923
Opportunity Score
54
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37923 is an urban area with low foot traffic. with a population of 30,874 and household incomes near the national median ($70,046). There are 7 remodelers operations in ZIP 37923.
Area Profile
30,874
Population
$70,046
Median Income
-6% vs. national
Urban
Area Type
8.9/20
Foot Traffic
Car-Dependent
Median Age: 36.4 —
mixed-age market, broad menu appeal.
College-Educated: 31.9% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 37923.
7
Remodelers
Moderate — proven market
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,750
2BR Fair Market Rent
$1,303
Median Gross Rent
$290 K
Median Home Value
10
Bank Branches
$1.3 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
- Foot Traffic
- Car-Dependent
- Remodelers
- 7
- Bank Branches
- 10
vs. National Average
Median Income
-6% vs. $74,580
Walkability
-1.6 pts vs. national avg
Nearby Markets
37909
4.2 mi
Pop: 16,848
$61,365
Walk: 8.4
37931
4.6 mi
Pop: 31,149
$91,284
Walk: 5.8
37922
4.8 mi
Pop: 39,013
$126,638
Walk: 6.8
37919
5.6 mi
Pop: 31,401
$71,863
Walk: 11.9
37921
6.5 mi
Pop: 29,064
$57,813
Walk: 12.8
37777
7.5 mi
Pop: 13,101
$74,357
Walk: 6.3
37934
7.7 mi
Pop: 28,237
$135,472
Walk: 7.9
37932
8.2 mi
Pop: 23,330
$109,900
Walk: 6.3
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