ZIP 38104 — Business Opportunities

Top business opportunities in 38104

The highest-scored business categories to consider opening in Memphis, TN, based on demand (population, income, demographic fit) versus existing supply.

1. 1. Laundromats 100/100
   ~1.9 businesses underserved · confidence: high
2. 2. Convenience Stores 72/100
   ~3.9 businesses underserved · confidence: high
3. 3. Fitness Centre 50/100
   ~0.9 businesses underserved · confidence: high
4. 4. Grave Yard 44/100
   ~12.4 businesses underserved · confidence: high
5. 5. Tattoo 44/100
   ~1.2 businesses underserved · confidence: high
6. 6. Libraries 44/100
   ~2.2 businesses underserved · confidence: high
7. 7. Recycling 44/100
   ~1.6 businesses underserved · confidence: high
8. 8. Townhall 44/100
   ~2.8 businesses underserved · confidence: high
9. 9. Department Store 44/100
   ~1.6 businesses underserved · confidence: high
10. 10. Opticians 44/100
    ~1.2 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 38104.

• Religious — 34 businesses
• Restaurants — 26 businesses
• Fast Food — 17 businesses
• Schools — 13 businesses
• Bicycle Rental — 9 businesses
• Gas Stations — 8 businesses
• Park — 6 businesses
• Banking & Finance — 6 businesses
• Parking — 5 businesses
• Auto Repair — 5 businesses
• Grocery & Supermarkets — 4 businesses
• Hair Salons — 4 businesses
• Playground — 4 businesses
• Cafes & Coffee Shops — 3 businesses
• Hotels & Lodging — 3 businesses

Full demographic profile

Population	23,408
Households	12,768
Median household income	$53,351
Per capita income	$49,764
Median age	37.1
% bachelor's degree or higher	50.151%
% age 18–34	31.959%
% age 65+	10.197%
% renter-occupied	55.322%
Median home value	$288,900
Median gross rent	$1,002
Unemployment rate	4.738%

Nearby ZIPs in TN

37701 Alcoa · 37694 Watauga · 37688 Shady Valley · 37687 Roan Mountain · 37686 Piney Flats · 37683 Mountain City