FranchiseBudget
Showing results for ZIP 40242 (KY)
Home Tennessee ZIP 38135

Franchise Costs Near Memphis, TN (38135)

Opportunity Score
84 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38135 is an urban area. with a population of 30,490 and household incomes above the national median ($92,458).

Area Profile

30,490
Population
$92,458
Median Income
+24% vs. national
Urban
Area Type
Median Age: 41.4 — older demographic, may prefer sit-down options.
College-Educated: 26.8% — balanced market for quality & value.

Operating Costs

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

$1,580
Median Gross Rent
$270 K
Median Home Value

Compare with Another ZIP

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

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits