FranchiseBudget
Showing results for ZIP 23030 (VA)
Home Tennessee ZIP 38462

Franchise Costs Near Hohenwald, TN (38462)

Opportunity Score
62 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38462 is an rural area. with a population of 10,268 and household incomes near the national median ($50,913).

Area Profile

10,268
Population
$50,913
Median Income
-32% vs. national
Rural
Area Type
Median Age: 44.4 — older demographic, may prefer sit-down options.
College-Educated: 7.5% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 38462.

3
Small Business Lenders
2.9 per 10K residents

Operating Costs

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

$804
Median Gross Rent
$150 K
Median Home Value
5
Bank Branches
$300 K deposits

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