Daycare Centers Market: ZIP 37601
Opportunity Score
43
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37601 is an urban area with low foot traffic. with a population of 38,622 and household incomes below the national median ($49,658). There are 3 daycare centers operations in ZIP 37601.
Area Profile
38,622
Population
$49,658
Median Income
-33% vs. national
Urban
Area Type
7.8/20
Foot Traffic
Car-Dependent
Median Age: 38.9 —
mixed-age market, broad menu appeal.
College-Educated: 21.9% —
value-focused market, keep prices competitive.
Competition
Daycare Centers and related businesses in ZIP 37601.
3
Daycare Centers
Low competition — room to establish
0.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,150
2BR Fair Market Rent
$892
Median Gross Rent
$190 K
Median Home Value
7
Bank Branches
$1.1 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Daycare Centers
- 3
- Bank Branches
- 7
vs. National Average
Median Income
-33% vs. $74,580
Walkability
-2.7 pts vs. national avg
Nearby Markets
37682
3.2 mi
Pop: 513
Walk: 5.2
37694
4.2 mi
Pop: 1,738
$60,125
Walk: 4.4
37614
4.3 mi
Pop: 2,581
Walk: 9.5
37604
5.2 mi
Pop: 38,359
$49,351
Walk: 8.5
37686
7.3 mi
Pop: 9,149
$84,894
Walk: 5.3
37615
10.1 mi
Pop: 22,013
$75,556
Walk: 5.3
37692
10.6 mi
Pop: 4,784
$50,469
Walk: 5.4
37618
11.3 mi
Pop: 13,208
$58,413
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