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Daycare Centers Market: ZIP 38109

Opportunity Score

54 / 100 Fair

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

Market Summary

ZIP 38109 is an urban area with moderate foot traffic. with a population of 43,764 and household incomes below the national median ($36,934). There are 13 daycare centers operations in ZIP 38109.

Area Profile

43,764

Population

$36,934

Median Income

-50% vs. national

Urban

Area Type

10.9/20

Foot Traffic

Walkable

Median Age: 38.5 — mixed-age market, broad menu appeal.

College-Educated: 9.4% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 38109.

Daycare Centers

Moderate — proven market

3.0 per 10K residents

Operating Costs

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

$1,170

2BR Fair Market Rent

$1,000

Median Gross Rent

$77 K

Median Home Value

Bank Branches

$32 K 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.
Median income sits at $36,934. Price sensitivity is real. Build your model around volume or keep overhead minimal.