Franchise Businesses Market: ZIP 38044
Opportunity Score
14
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38044 is an urban area. with a population of 657 and household incomes below the national median ($41,196).
Area Profile
657
Population
$41,196
Median Income
-45% vs. national
Urban
Area Type
Median Age: 45.6 —
older demographic, may prefer sit-down options.
College-Educated: 13.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,030
2BR Fair Market Rent
$838
Median Gross Rent
$230 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 $41,196. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-45% vs. $74,580
Nearby Markets
38061
10.5 mi
Pop: 1,014
$39,261
Walk: 2.7
38052
11.5 mi
Pop: 3,566
$49,453
38008
13.4 mi
Pop: 9,351
$43,827
Walk: 6.1
38315
13.8 mi
Pop: 3,929
$47,458
38381
14.0 mi
Pop: 1,525
$53,786
38375
15.7 mi
Pop: 8,398
$50,108
Walk: 3.7
38340
15.8 mi
Pop: 12,274
$61,477
Walk: 8.8
38367
17.0 mi
Pop: 2,668
$55,938
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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