ZIP 38134 — Business Opportunities
Memphis, TN · Local economy intelligence
Top business opportunities in 38134
The highest-scored business categories to consider opening in Memphis, TN,
based on demand (population, income, demographic fit) versus existing supply.
- 1. Laundromats 100/100
~4.7 businesses underserved · confidence: high
- 2. Bars & Nightlife 76/100
~4.5 businesses underserved · confidence: high
- 3. Childcare 65/100
~3.1 businesses underserved · confidence: high
- 4. Toys & Games 63/100
~3.1 businesses underserved · confidence: high
- 5. Dancing School 63/100
~3.7 businesses underserved · confidence: high
- 6. Music School 62/100
~2.7 businesses underserved · confidence: low
- 7. Fitness Centre 56/100
~3.1 businesses underserved · confidence: high
- 8. Parking 51/100
~9.3 businesses underserved · confidence: high
- 9. Bicycle Parking 51/100
~2.5 businesses underserved · confidence: high
- 10. Parking Space 51/100
~9.8 businesses underserved · confidence: high
What's already here — existing business mix
The most common business categories currently operating in ZIP 38134.
- Religious — 35 businesses
- Fast Food — 18 businesses
- Restaurants — 16 businesses
- Hotels & Lodging — 14 businesses
- Schools — 12 businesses
- Gas Stations — 11 businesses
- Park — 6 businesses
- Pharmacies — 6 businesses
- Government Services — 5 businesses
- Other — 5 businesses
- Grocery & Supermarkets — 4 businesses
- Cafes & Coffee Shops — 4 businesses
- Storage Rental — 4 businesses
- Auto Repair — 4 businesses
- Variety Store — 3 businesses
Full demographic profile
| Population | 42,789 |
| Households | 14,625 |
| Median household income | $57,630 |
| Per capita income | $25,909 |
| Median age | 34.4 |
| % bachelor's degree or higher | 20.065% |
| % age 18–34 | 25.348% |
| % age 65+ | 8.353% |
| % renter-occupied | 48.154% |
| Median home value | $167,800 |
| Median gross rent | $1,106 |
| Unemployment rate | 4.124% |
Nearby ZIPs in TN
37701 Alcoa · 37694 Watauga · 37688 Shady Valley · 37687 Roan Mountain · 37686 Piney Flats · 37683 Mountain City
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