ZIP 38128 — Business Opportunities

Top business opportunities in 38128

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
   ~5.7 businesses underserved · confidence: medium
2. 2. Toys & Games 78/100
   ~4.3 businesses underserved · confidence: medium
3. 3. Dancing School 78/100
   ~5.2 businesses underserved · confidence: medium
4. 4. Music School 77/100
   ~3.7 businesses underserved · confidence: low
5. 5. Convenience Stores 74/100
   ~10.5 businesses underserved · confidence: medium
6. 6. Childcare 63/100
   ~3.1 businesses underserved · confidence: medium
7. 7. Bars & Nightlife 50/100
   ~4.2 businesses underserved · confidence: medium
8. 8. Cafes & Coffee Shops 39/100
   ~4.8 businesses underserved · confidence: medium
9. 9. Bicycle Parking 36/100
   ~2.4 businesses underserved · confidence: medium
10. 10. Parking Space 36/100
    ~9.6 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 38128.

• Religious — 38 businesses
• Gas Stations — 12 businesses
• Fast Food — 11 businesses
• Schools — 8 businesses
• Variety Store — 6 businesses
• Park — 3 businesses
• Restaurants — 3 businesses
• Grave Yard — 2 businesses
• Government Services — 2 businesses
• Banking & Finance — 2 businesses
• Mobile Phone — 2 businesses
• Social Facility — 2 businesses
• Police — 2 businesses
• Grocery & Supermarkets — 1 businesses
• Libraries — 1 businesses

Full demographic profile

Population	44,400
Households	15,818
Median household income	$40,497
Per capita income	$22,728
Median age	30.3
% bachelor's degree or higher	14.426%
% age 18–34	24.32%
% age 65+	7.894%
% renter-occupied	49.556%
Median home value	$111,100
Median gross rent	$1,069
Unemployment rate	7.655%

Nearby ZIPs in TN

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