Daycare Centers Market: ZIP 38474
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38474 is an suburban area. with a population of 9,336 and household incomes near the national median ($63,711).
Area Profile
9,336
Population
$63,711
Median Income
-15% vs. national
Suburban
Area Type
Median Age: 36.5 —
mixed-age market, broad menu appeal.
College-Educated: 7.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,210
2BR Fair Market Rent
$793
Median Gross Rent
$230 K
Median Home Value
5
Bank Branches
$140 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.
Quick Facts
- Area Type
- Suburban
- Bank Branches
- 5
vs. National Average
Median Income
-15% vs. $74,580
Nearby Markets
38483
8.8 mi
Pop: 7,133
$60,281
Walk: 4.0
38461
9.2 mi
Pop: 1,176
$58,564
38456
12.9 mi
Pop: 4,600
$58,913
38487
13.8 mi
Pop: 688
$100,542
Walk: 3.2
38401
16.4 mi
Pop: 66,696
$69,467
Walk: 6.6
38454
16.5 mi
Pop: 888
$46,750
38472
16.5 mi
Pop: 2,489
$70,069
Walk: 5.4
38451
17.0 mi
Pop: 4,196
$74,844
Walk: 4.7
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