Remodelers Market: ZIP 38004
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38004 is an urban area. with a population of 11,696 and household incomes above the national median ($90,451).
Area Profile
11,696
Population
$90,451
Median Income
+21% vs. national
Urban
Area Type
Median Age: 39.5 —
mixed-age market, broad menu appeal.
College-Educated: 20.5% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 38004.
7
HVAC Contractors
6.0 per 10K residents
3
Roofing Contractors
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,620
2BR Fair Market Rent
$1,282
Median Gross Rent
$280 K
Median Home Value
4
Bank Branches
$210 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.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 10
- Bank Branches
- 4
vs. National Average
Median Income
+21% vs. $74,580
Nearby Markets
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