Franchise Costs Near Memphis, TN (38104)
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38104 is an urban area. with a population of 22,925 and household incomes near the national median ($56,452).
Area Profile
22,925
Population
$56,452
Median Income
-24% vs. national
Urban
Area Type
Median Age: 37.3 —
mixed-age market, broad menu appeal.
College-Educated: 40.7% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 38104.
8
Business Consultants
3.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,073
Median Gross Rent
$300 K
Median Home Value
12
Bank Branches
$730 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 8
- Bank Branches
- 12
vs. National Average
Median Income
-24% 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