ZIP 38115 — Business Opportunities

Top business opportunities in 38115

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
   ~4.7 businesses underserved · confidence: high
2. 2. Convenience Stores 83/100
   ~8.6 businesses underserved · confidence: high
3. 3. Bars & Nightlife 72/100
   ~4.4 businesses underserved · confidence: high
4. 4. Toys & Games 70/100
   ~3.3 businesses underserved · confidence: high
5. 5. Dancing School 70/100
   ~4.0 businesses underserved · confidence: high
6. 6. Music School 69/100
   ~2.9 businesses underserved · confidence: low
7. 7. Childcare 65/100
   ~3.1 businesses underserved · confidence: high
8. 8. Cafes & Coffee Shops 54/100
   ~4.9 businesses underserved · confidence: high
9. 9. Fitness Centre 39/100
   ~2.5 businesses underserved · confidence: high
10. 10. Doityourself 33/100
    ~2.1 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 38115.

• Religious — 23 businesses
• Schools — 13 businesses
• Fast Food — 11 businesses
• Park — 7 businesses
• Gas Stations — 5 businesses
• Restaurants — 4 businesses
• Hotels & Lodging — 4 businesses
• Banking & Finance — 4 businesses
• Variety Store — 3 businesses
• Grocery & Supermarkets — 3 businesses
• Pharmacies — 3 businesses
• Auto Sales — 2 businesses
• Auto Parts — 2 businesses
• Insurance — 2 businesses
• Grave Yard — 1 businesses

Full demographic profile

Population	36,574
Households	16,236
Median household income	$39,176
Per capita income	$22,913
Median age	28.9
% bachelor's degree or higher	15.683%
% age 18–34	29.83%
% age 65+	6.699%
% renter-occupied	65.345%
Median home value	$117,400
Median gross rent	$1,041
Unemployment rate	7.83%

Nearby ZIPs in TN

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