Remodelers Market: ZIP 38313
Opportunity Score
78
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38313 is an urban area. with a population of 3,611 and household incomes above the national median ($87,932).
Area Profile
3,611
Population
$87,932
Median Income
+18% vs. national
Urban
Area Type
Median Age: 45.5 —
older demographic, may prefer sit-down options.
College-Educated: 16.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,090
2BR Fair Market Rent
$200 K
Median Home Value
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
vs. National Average
Median Income
+18% vs. $74,580
Nearby Markets
38345
7.8 mi
Pop: 1,442
$48,616
38352
8.1 mi
Pop: 623
$45,156
38305
12.0 mi
Pop: 53,366
$66,292
Walk: 7.1
38366
12.3 mi
Pop: 2,386
$72,090
Walk: 4.4
38347
12.5 mi
Pop: 479
$42,336
38362
14.0 mi
Pop: 991
$62,163
Walk: 4.4
38340
14.8 mi
Pop: 12,274
$61,477
Walk: 8.8
38351
15.3 mi
Pop: 17,958
$53,573
Walk: 7.1
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