Franchise Costs Near Knoxville, TN (37931)
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37931 is an urban area. with a population of 31,149 and household incomes above the national median ($91,284).
Area Profile
31,149
Population
$91,284
Median Income
+22% vs. national
Urban
Area Type
Median Age: 38.2 —
mixed-age market, broad menu appeal.
College-Educated: 31.4% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,450
Median Gross Rent
$320 K
Median Home Value
1
Bank Branches
$130 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+22% 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