Remodelers Market: ZIP 38318
Opportunity Score
40
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38318 is an rural area. with a population of 531 and household incomes above the national median ($89,712).
Area Profile
531
Population
$89,712
Median Income
+20% vs. national
Rural
Area Type
Median Age: 43.9 —
older demographic, may prefer sit-down options.
College-Educated: 15.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$960
2BR Fair Market Rent
$1,067
Median Gross Rent
$130 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
+20% vs. $74,580
Nearby Markets
38387
5.7 mi
Pop: 331
Walk: 3.6
38317
7.8 mi
Pop: 2,554
$42,167
38342
9.2 mi
Pop: 1,176
$38,140
38320
11.4 mi
Pop: 10,470
$57,679
Walk: 6.1
38341
11.9 mi
Pop: 2,544
$44,223
38390
12.0 mi
Pop: 1,281
$48,555
Walk: 3.1
38388
12.4 mi
Pop: 1,427
$61,917
Walk: 3.2
38344
13.5 mi
Pop: 8,816
$51,881
Walk: 4.7
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