Franchise Costs Near Knoxville, TN (37923)
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37923 is an urban area. with a population of 30,874 and household incomes near the national median ($70,046).
Area Profile
30,874
Population
$70,046
Median Income
-6% vs. national
Urban
Area Type
Median Age: 36.4 —
mixed-age market, broad menu appeal.
College-Educated: 31.9% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 37923.
11
Business Consultants
3.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,303
Median Gross Rent
$290 K
Median Home Value
10
Bank Branches
$1.3 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 11
- Bank Branches
- 10
vs. National Average
Median Income
-6% 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