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Daycare Centers Market: ZIP 37167

Opportunity Score

57 / 100 Fair

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 37167 is an urban area with low foot traffic. with a population of 63,660 and household incomes above the national median ($79,720). There are 10 daycare centers operations in ZIP 37167.

Area Profile

63,660

Population

$79,720

Median Income

+7% vs. national

Urban

Area Type

6.2/20

Foot Traffic

Car-Dependent

Median Age: 35.0 — mixed-age market, broad menu appeal.

College-Educated: 18.1% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 37167.

Daycare Centers

Moderate — proven market

1.6 per 10K residents

Schools

0.5 per 10K residents

What this means: Daycare Centers are 76.9% of the relevant market in ZIP 37167 (10 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,670

2BR Fair Market Rent

$1,359

Median Gross Rent

$330 K

Median Home Value

Bank Branches

$1.4 M deposits

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.