ZIP 38106 — Business Opportunities

Top business opportunities in 38106

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
   ~6.5 businesses underserved · confidence: medium
2. 2. Laundromats 100/100
   ~3.0 businesses underserved · confidence: medium
3. 3. Toys & Games 44/100
   ~1.6 businesses underserved · confidence: medium
4. 4. Dancing School 44/100
   ~1.9 businesses underserved · confidence: medium
5. 5. Medical & Healthcare 37/100
   ~2.0 businesses underserved · confidence: medium
6. 6. Auto Sales 36/100
   ~2.5 businesses underserved · confidence: medium
7. 7. Gas Stations 34/100
   ~5.4 businesses underserved · confidence: medium
8. 8. Hospitals 34/100
   ~1.4 businesses underserved · confidence: medium
9. 9. Government Services 33/100
   ~4.3 businesses underserved · confidence: medium
10. 10. Doityourself 33/100
    ~1.3 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 38106.

• Religious — 103 businesses
• Schools — 17 businesses
• Park — 6 businesses
• Hotels & Lodging — 6 businesses
• Grave Yard — 5 businesses
• Bicycle Rental — 4 businesses
• Childcare — 2 businesses
• Museum — 2 businesses
• Community Centre — 2 businesses
• Variety Store — 1 businesses
• Restaurants — 1 businesses
• Gas Stations — 1 businesses
• Libraries — 1 businesses
• Fast Food — 1 businesses
• Sports Centre — 1 businesses

Full demographic profile

Population	23,140
Households	9,408
Median household income	$29,098
Per capita income	$18,711
Median age	41.9
% bachelor's degree or higher	12.797%
% age 18–34	17.437%
% age 65+	13.583%
% renter-occupied	48.672%
Median home value	$62,800
Median gross rent	$881
Unemployment rate	19.184%

Nearby ZIPs in TN

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