Franchise Costs Near Knoxville, TN (37916)
Opportunity Score
50
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37916 is an urban area. with a population of 14,771 and household incomes below the national median ($17,982).
Area Profile
14,771
Population
$17,982
Median Income
-76% vs. national
Urban
Area Type
Median Age: 20.6 —
young market, strong street food demand.
College-Educated: 3.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,176
Median Gross Rent
$270 K
Median Home Value
2
Bank Branches
$220 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 2
vs. National Average
Median Income
-76% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits