Franchise Businesses Market: ZIP 37022
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37022 is an urban area. with a population of 6,036 and household incomes near the national median ($61,250).
Area Profile
6,036
Population
$61,250
Median Income
-18% vs. national
Urban
Area Type
Median Age: 40.8 —
older demographic, may prefer sit-down options.
College-Educated: 13.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,780
2BR Fair Market Rent
$1,113
Median Gross Rent
$240 K
Median Home Value
Tips for Starting a Franchise Business in Tennessee
- Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
- Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
- Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
- Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-18% vs. $74,580
Nearby Markets
37186
8.7 mi
Pop: 10,644
$57,133
Walk: 3.1
37031
9.5 mi
Pop: 3,984
$86,380
42120
11.4 mi
Pop: 2,595
$73,242
37066
12.5 mi
Pop: 62,404
$78,049
Walk: 6.9
37074
12.9 mi
Pop: 10,999
$62,931
Walk: 7.1
37148
13.2 mi
Pop: 25,421
$77,684
Walk: 4.7
37048
19.0 mi
Pop: 6,325
$98,012
42153
22.2 mi
Pop: 65
$18,281
Check Another Market
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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