Daycare Centers Market: ZIP 38131
Opportunity Score
0
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38131 is an urban area.
Area Profile
0
Population
Urban
Area Type
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,360
2BR Fair Market Rent
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
Nearby Markets
38132
0.6 mi
Pop: 35
Walk: 10.0
38114
2.1 mi
Pop: 20,440
$32,080
Walk: 13.0
38116
2.6 mi
Pop: 41,393
$44,663
Walk: 11.7
38106
4.1 mi
Pop: 21,827
$29,818
Walk: 13.1
38104
4.6 mi
Pop: 22,925
$56,452
Walk: 15.3
38111
4.6 mi
Pop: 43,308
$52,806
Walk: 12.2
38118
5.0 mi
Pop: 39,162
$42,464
Walk: 11.9
38152
5.2 mi
Pop: 506
Walk: 14.7
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