Daycare Centers Market: ZIP 38338
Opportunity Score
18
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38338 is an urban area. with a population of 67 and household incomes near the national median ($60,625).
Area Profile
67
Population
$60,625
Median Income
-19% vs. national
Urban
Area Type
Median Age: 24.7 —
young market, strong street food demand.
College-Educated: 0.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
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
vs. National Average
Median Income
-19% vs. $74,580
Nearby Markets
38343
6.4 mi
Pop: 15,672
$53,430
Walk: 5.8
38358
6.9 mi
Pop: 12,511
$65,537
Walk: 6.5
38355
8.1 mi
Pop: 8,244
$103,343
Walk: 6.0
38362
11.1 mi
Pop: 991
$62,163
Walk: 4.4
38382
11.4 mi
Pop: 8,163
$58,125
Walk: 4.2
38305
13.2 mi
Pop: 53,366
$66,292
Walk: 7.1
38316
13.6 mi
Pop: 3,127
$48,288
38348
13.7 mi
Pop: 987
$33,819
Walk: 2.3
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