ZIP 38107 — Business Opportunities

Top business opportunities in 38107

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: medium
2. 2. Convenience Stores 84/100
   ~3.7 businesses underserved · confidence: medium
3. 3. Cafes & Coffee Shops 45/100
   ~1.7 businesses underserved · confidence: medium
4. 4. Bars & Nightlife 42/100
   ~1.2 businesses underserved · confidence: medium
5. 5. Toys & Games 38/100
   ~0.9 businesses underserved · confidence: medium
6. 6. Dancing School 38/100
   ~1.1 businesses underserved · confidence: medium
7. 7. Music School 38/100
   ~0.8 businesses underserved · confidence: low
8. 8. Medical Supply 33/100
   ~0.9 businesses underserved · confidence: medium
9. 9. Biergarten 33/100
   ~3.5 businesses underserved · confidence: medium
10. 10. Toilets 33/100
    ~2.1 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 38107.

• Religious — 49 businesses
• Schools — 11 businesses
• Park — 8 businesses
• Gas Stations — 8 businesses
• Fast Food — 5 businesses
• Government Services — 2 businesses
• Variety Store — 2 businesses
• Auto Parts — 2 businesses
• Libraries — 1 businesses
• Pharmacies — 1 businesses
• Mobile Phone — 1 businesses
• Fire Station — 1 businesses
• Other — 1 businesses
• Playground — 1 businesses
• Childcare — 1 businesses

Full demographic profile

Population	14,509
Households	6,441
Median household income	$34,325
Per capita income	$24,711
Median age	37.1
% bachelor's degree or higher	23.239%
% age 18–34	22.689%
% age 65+	11.738%
% renter-occupied	51.218%
Median home value	$110,100
Median gross rent	$943
Unemployment rate	12.27%

Nearby ZIPs in TN

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