FranchiseBudget
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Franchise Costs Near Memphis, TN (38128)

Opportunity Score
58 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38128 is an urban area. with a population of 44,027 and household incomes below the national median ($43,166).

Area Profile

44,027
Population
$43,166
Median Income
-42% vs. national
Urban
Area Type
Median Age: 30.9 — mixed-age market, broad menu appeal.
College-Educated: 8.8% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,150
Median Gross Rent
$120 K
Median Home Value
6
Bank Branches
$270 K deposits

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Quick Facts

Area Type
Urban
Bank Branches
6

vs. National Average

Median Income
-42% vs. $74,580

Nearby Markets

38108 4.2 mi
Pop: 18,501 $35,435
38122 4.7 mi
Pop: 25,310 $45,456
38135 5.5 mi
Pop: 30,490 $92,458
38134 5.7 mi
Pop: 42,500 $61,172
38112 6.3 mi
Pop: 16,798 $52,639
38127 7.0 mi
Pop: 39,553 $37,768
38029 7.2 mi
Pop: 34
38053 7.2 mi
Pop: 25,352 $58,548

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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