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Showing results for ZIP 38016 (TN)
Home ZIP 02038

Franchise Businesses Market: ZIP 02038

Opportunity Score
79 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 02038 is an urban area with low foot traffic. with a population of 33,067 and household incomes well above the national median ($142,788).

Area Profile

33,067
Population
$142,788
Median Income
+91% vs. national
Urban
Area Type
7.4/20
Foot Traffic
Car-Dependent
Median Age: 42.1 — older demographic, may prefer sit-down options.
College-Educated: 38.7% — balanced market for quality & value.

Competition

Franchise Businesses and related businesses in ZIP 02038.

8
Business Consultants
2.4 per 10K residents

Operating Costs

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

$2,550
2BR Fair Market Rent
$1,856
Median Gross Rent
$570 K
Median Home Value
8
Bank Branches
$1.2 M deposits

Data sources

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