Daycare Centers Market: ZIP 37020
Opportunity Score
78
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37020 is an suburban area. with a population of 5,171 and household incomes above the national median ($81,025).
Area Profile
5,171
Population
$81,025
Median Income
+9% vs. national
Suburban
Area Type
Median Age: 38.8 —
mixed-age market, broad menu appeal.
College-Educated: 20.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
$1,364
Median Gross Rent
$300 K
Median Home Value
Tips for Starting a Daycare Business in Tennessee
- Licensing comes first. State childcare licensing takes 3-6 months in most states. Start that paperwork before you sign a lease.
- Staff-to-child ratios are set by law and they dictate your entire cost structure. Know your state's ratios before building a financial model.
- Location matters more than marketing. Parents pick daycares within 10 minutes of home or work. Proximity to commuter routes beats a nice website.
- Insurance costs $3,000-$10,000/year depending on your state and capacity. Get quotes early. Some carriers won't cover home-based operations.
Quick Facts
- Area Type
- Suburban
vs. National Average
Median Income
+9% vs. $74,580
Nearby Markets
37037
6.1 mi
Pop: 9,786
$111,458
37127
11.4 mi
Pop: 22,029
$85,947
Walk: 4.4
37180
11.6 mi
Pop: 3,831
$88,581
Walk: 4.1
37183
12.2 mi
Pop: 3,211
$71,597
Walk: 6.7
37128
12.5 mi
Pop: 77,016
$89,069
Walk: 6.4
37160
13.4 mi
Pop: 36,422
$58,899
Walk: 6.2
37018
13.5 mi
Pop: 2,459
$61,523
37153
13.6 mi
Pop: 4,894
$90,625
Walk: 4.1
Check Another Market
Or estimate costs with the DaycareCalc calculator.
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