RemodCost
Showing results for ZIP 37363 (TN)
Home ZIP 38851

Remodelers Market: ZIP 38851

Opportunity Score
47 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38851 is an rural area with low foot traffic. with a population of 8,797 and household incomes below the national median ($42,508).

Area Profile

8,797
Population
$42,508
Median Income
-43% vs. national
Rural
Area Type
5.6/20
Foot Traffic
Very Car-Dependent
Median Age: 41.5 — older demographic, may prefer sit-down options.
College-Educated: 10.7% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$960
2BR Fair Market Rent
$758
Median Gross Rent
$120 K
Median Home Value
4
Bank Branches
$270 K deposits

Tips for Starting a Home Remodeling Business in Mississippi

  • 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.
  • Median income sits at $42,508. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Quick Facts

Area Type
Rural
Foot Traffic
Very Car-Dependent
Bank Branches
4

vs. National Average

Median Income
-43% vs. $74,580
Walkability
-4.9 pts vs. national avg

Check Another Market

Or estimate costs with the RemodCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits