FranchiseBudget
Showing results for ZIP 38017 (TN)
Home ZIP 62002

Franchise Businesses Market: ZIP 62002

Opportunity Score
59 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62002 is an urban area with low foot traffic. with a population of 30,036 and household incomes near the national median ($57,851).

Area Profile

30,036
Population
$57,851
Median Income
-22% vs. national
Urban
Area Type
8.7/20
Foot Traffic
Car-Dependent
Median Age: 41.5 — older demographic, may prefer sit-down options.
College-Educated: 16.8% — value-focused market, keep prices competitive.

Competition

Franchise Businesses and related businesses in ZIP 62002.

6
Small Business Lenders
2.0 per 10K residents

Operating Costs

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

$1,120
2BR Fair Market Rent
$941
Median Gross Rent
$110 K
Median Home Value
9
Bank Branches
$790 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Related Businesses
6
Bank Branches
9

vs. National Average

Median Income
-22% vs. $74,580
Walkability
-1.8 pts vs. national avg

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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