Remodelers Market: ZIP 38006
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38006 is an urban area. with a population of 5,375 and household incomes near the national median ($61,250).
Area Profile
5,375
Population
$61,250
Median Income
-18% vs. national
Urban
Area Type
Median Age: 36.8 —
mixed-age market, broad menu appeal.
College-Educated: 11.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,140
2BR Fair Market Rent
$893
Median Gross Rent
$160 K
Median Home Value
3
Bank Branches
$140 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
- Bank Branches
- 3
vs. National Average
Median Income
-18% vs. $74,580
Nearby Markets
38337
7.2 mi
Pop: 1,363
$60,262
Walk: 4.3
38001
9.4 mi
Pop: 4,208
$49,911
38391
12.2 mi
Pop: 1,507
$74,145
Walk: 3.1
38050
12.7 mi
Pop: 425
$63,224
Walk: 3.5
38012
13.8 mi
Pop: 13,079
$41,485
Walk: 6.2
38021
13.8 mi
Pop: 7
38343
14.4 mi
Pop: 15,672
$53,430
Walk: 5.8
38301
17.9 mi
Pop: 33,336
$40,062
Walk: 7.7
Check Another Market
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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