Franchise Businesses Market: ZIP 37338
Opportunity Score
42
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37338 is an rural area. with a population of 2,991 and household incomes below the national median ($38,111).
Area Profile
2,991
Population
$38,111
Median Income
-49% vs. national
Rural
Area Type
Median Age: 47.2 —
older demographic, may prefer sit-down options.
College-Educated: 8.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,020
2BR Fair Market Rent
$750
Median Gross Rent
$120 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.
- Median income sits at $38,111. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
-49% vs. $74,580
Nearby Markets
37373
8.2 mi
Pop: 2,949
$59,306
Walk: 4.6
37379
10.1 mi
Pop: 29,002
$85,525
Walk: 3.6
37327
12.8 mi
Pop: 12,424
$51,862
37367
13.1 mi
Pop: 11,736
$54,696
37321
14.8 mi
Pop: 20,670
$59,182
Walk: 7.2
37308
16.1 mi
Pop: 2,957
$69,398
37341
17.3 mi
Pop: 14,966
$93,114
37377
18.3 mi
Pop: 16,819
$115,959
Walk: 6.6
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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