ZIP 38122 — Business Opportunities

Top business opportunities in 38122

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
   ~2.8 businesses underserved · confidence: high
2. 2. Childcare 96/100
   ~2.4 businesses underserved · confidence: high
3. 3. Toys & Games 95/100
   ~2.4 businesses underserved · confidence: high
4. 4. Dancing School 95/100
   ~2.9 businesses underserved · confidence: high
5. 5. Music School 94/100
   ~2.1 businesses underserved · confidence: low
6. 6. Convenience Stores 80/100
   ~5.4 businesses underserved · confidence: high
7. 7. Cafes & Coffee Shops 39/100
   ~1.7 businesses underserved · confidence: high
8. 8. Religion 39/100
   ~1.6 businesses underserved · confidence: high
9. 9. Studio 39/100
   ~1.4 businesses underserved · confidence: high
10. 10. Accounting & Finance 39/100
    ~1.7 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 38122.

• Religious — 55 businesses
• Schools — 16 businesses
• Fast Food — 8 businesses
• Restaurants — 7 businesses
• Park — 5 businesses
• Grocery & Supermarkets — 4 businesses
• Gas Stations — 3 businesses
• Cinema — 2 businesses
• Auto Repair — 2 businesses
• Auto Parts — 2 businesses
• Car Wash — 2 businesses
• Government Services — 1 businesses
• Variety Store — 1 businesses
• Doityourself — 1 businesses
• Libraries — 1 businesses

Full demographic profile

Population	24,014
Households	9,001
Median household income	$45,065
Per capita income	$22,501
Median age	32.4
% bachelor's degree or higher	24.228%
% age 18–34	21.029%
% age 65+	8.92%
% renter-occupied	42.222%
Median home value	$94,200
Median gross rent	$1,085
Unemployment rate	6.448%

Nearby ZIPs in TN

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