Franchise Businesses Market: ZIP 37060
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37060 is an urban area. with a population of 3,574 and household incomes well above the national median ($101,466).
Area Profile
3,574
Population
$101,466
Median Income
+36% vs. national
Urban
Area Type
Median Age: 41.5 —
older demographic, may prefer sit-down options.
College-Educated: 20.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,710
2BR Fair Market Rent
$1,368
Median Gross Rent
$410 K
Median Home Value
1
Bank Branches
$12 K deposits
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.
- The median income here is $101,466. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+36% vs. $74,580
Nearby Markets
37046
5.1 mi
Pop: 6,632
$162,712
37153
5.5 mi
Pop: 4,894
$90,625
Walk: 4.1
37014
8.5 mi
Pop: 3,633
$104,938
37034
8.8 mi
Pop: 8,596
$84,906
37180
9.7 mi
Pop: 3,831
$88,581
Walk: 4.1
37128
11.6 mi
Pop: 77,016
$89,069
Walk: 6.4
37135
11.9 mi
Pop: 23,231
$146,028
Walk: 5.1
37067
14.6 mi
Pop: 31,550
$110,202
Walk: 10.6
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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