Franchise Costs Near Memphis, TN (38134)
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38134 is an urban area. with a population of 42,500 and household incomes near the national median ($61,172).
Area Profile
42,500
Population
$61,172
Median Income
-18% vs. national
Urban
Area Type
Median Age: 33.9 —
mixed-age market, broad menu appeal.
College-Educated: 13.6% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 38134.
7
Business Consultants
1.6 per 10K residents
4
Small Business Lenders
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,147
Median Gross Rent
$180 K
Median Home Value
11
Bank Branches
$1 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 11
- Bank Branches
- 11
vs. National Average
Median Income
-18% vs. $74,580
Nearby Markets
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Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits