Franchise Costs Near Memphis, TN (38105)
Opportunity Score
50
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38105 is an urban area. with a population of 5,151 and household incomes below the national median ($29,316).
Area Profile
5,151
Population
$29,316
Median Income
-61% vs. national
Urban
Area Type
Median Age: 43.6 —
older demographic, may prefer sit-down options.
College-Educated: 17.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$928
Median Gross Rent
$75 K
Median Home Value
3
Bank Branches
$300 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 3
vs. National Average
Median Income
-61% 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