Remodelers Market: ZIP 38505
Opportunity Score
32
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38505 is an suburban area with low foot traffic.
Area Profile
904
Population
Suburban
Area Type
8.3/20
Foot Traffic
Car-Dependent
Median Age: 19.2 —
young market, strong street food demand.
College-Educated: 0.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,010
2BR Fair Market Rent
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
- Suburban
- Foot Traffic
- Car-Dependent
vs. National Average
Walkability
-2.2 pts vs. national avg
Nearby Markets
38503
0.7 mi
Pop: 0
38501
4.1 mi
Pop: 42,422
$50,923
Walk: 9.4
38506
5.1 mi
Pop: 29,657
$63,051
Walk: 4.8
38544
11.0 mi
Pop: 7,413
$66,801
38545
11.4 mi
Pop: 1,545
$59,375
Walk: 3.8
38580
16.2 mi
Pop: 1,628
$59,207
Walk: 4.8
38562
16.3 mi
Pop: 6,586
$38,325
Walk: 5.4
38564
18.1 mi
Pop: 435
$56,116
Walk: 2.5
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