ZIP 38108 — Business Opportunities

Top business opportunities in 38108

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
   ~2.3 businesses underserved · confidence: medium
2. 2. Convenience Stores 91/100
   ~4.7 businesses underserved · confidence: medium
3. 3. Toys & Games 60/100
   ~1.5 businesses underserved · confidence: medium
4. 4. Dancing School 60/100
   ~1.8 businesses underserved · confidence: medium
5. 5. Music School 59/100
   ~1.3 businesses underserved · confidence: low
6. 6. Childcare 48/100
   ~1.2 businesses underserved · confidence: medium
7. 7. Grave Yard 33/100
   ~9.4 businesses underserved · confidence: medium
8. 8. Variety Store 33/100
   ~2.7 businesses underserved · confidence: medium
9. 9. Doityourself 33/100
   ~1.0 businesses underserved · confidence: medium
10. 10. Tattoo 33/100
    ~0.9 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 38108.

• Religious — 37 businesses
• Schools — 5 businesses
• Park — 3 businesses
• Government Services — 1 businesses
• Restaurants — 1 businesses
• Libraries — 1 businesses
• Fast Food — 1 businesses
• Hair Salons — 1 businesses
• Clothing & Apparel — 1 businesses
• Grave Yard — 0 businesses
• Variety Store — 0 businesses
• Doityourself — 0 businesses
• Gas Stations — 0 businesses
• Convenience Stores — 0 businesses
• Auto Sales — 0 businesses

Full demographic profile

Population	17,629
Households	6,560
Median household income	$29,757
Per capita income	$17,712
Median age	35.4
% bachelor's degree or higher	8.562%
% age 18–34	19.508%
% age 65+	10.262%
% renter-occupied	48.145%
Median home value	$58,800
Median gross rent	$808
Unemployment rate	11.71%

Nearby ZIPs in TN

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