ZIP 38105 — Business Opportunities

Top business opportunities in 38105

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

1. 1. Convenience Stores 100/100
   ~1.5 businesses underserved · confidence: medium
2. 2. Laundromats 100/100
   ~0.7 businesses underserved · confidence: medium
3. 3. Cafes & Coffee Shops 42/100
   ~0.6 businesses underserved · confidence: medium
4. 4. Art 33/100
   ~0.7 businesses underserved · confidence: medium
5. 5. Money Transfer 33/100
   ~0.6 businesses underserved · confidence: medium
6. 6. Animal Shelter 33/100
   ~0.4 businesses underserved · confidence: medium
7. 7. Distillery 33/100
   ~1.1 businesses underserved · confidence: medium
8. 8. Newspaper 33/100
   ~0.4 businesses underserved · confidence: medium
9. 9. Miniature Golf 33/100
   ~0.3 businesses underserved · confidence: medium
10. 10. Computer 33/100
    ~0.3 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 38105.

• Religious — 59 businesses
• Schools — 14 businesses
• University — 9 businesses
• Restaurants — 7 businesses
• Park — 6 businesses
• Parking — 6 businesses
• Bicycle Rental — 6 businesses
• Fast Food — 4 businesses
• Hotels & Lodging — 4 businesses
• Medical & Healthcare — 3 businesses
• Fire Station — 3 businesses
• Other — 3 businesses
• Hospitals — 3 businesses
• Higher Education — 3 businesses
• Hair Salons — 2 businesses

Full demographic profile

Population	5,215
Households	3,232
Median household income	$26,250
Per capita income	$25,715
Median age	43.1
% bachelor's degree or higher	20.546%
% age 18–34	22.742%
% age 65+	10.163%
% renter-occupied	71.987%
Median home value	$77,000
Median gross rent	$889
Unemployment rate	10.472%

Nearby ZIPs in TN

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