ZIP 38141 — Business Opportunities

Memphis, TN · Local economy intelligence

Population

23,123

Median income

$67,584

Median age

33.4

Households

7,943

Top business opportunities in 38141

The highest-scored business categories to consider opening in Memphis, TN, based on demand (population, income, demographic fit) versus existing supply.

1. Childcare 100/100
~2.0 businesses underserved · confidence: medium
2. Toys & Games 85/100
~1.9 businesses underserved · confidence: medium
3. Dancing School 85/100
~2.3 businesses underserved · confidence: medium
4. Bars & Nightlife 85/100
~2.4 businesses underserved · confidence: medium
5. Music School 84/100
~1.6 businesses underserved · confidence: low
6. Fitness Centre 70/100
~1.8 businesses underserved · confidence: medium
7. Clothing & Apparel 62/100
~3.6 businesses underserved · confidence: medium
8. Cafes & Coffee Shops 62/100
~2.7 businesses underserved · confidence: medium
9. Restaurants 61/100
~9.0 businesses underserved · confidence: medium
10. Auto Sales 60/100
~2.8 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 38141.

Gas Stations — 15 businesses
Religious — 12 businesses
Fast Food — 11 businesses
Schools — 7 businesses
Variety Store — 6 businesses
Auto Parts — 3 businesses
Convenience Stores — 2 businesses
Grocery & Supermarkets — 2 businesses
Banking & Finance — 2 businesses
Storage Rental — 2 businesses
Auto Repair — 2 businesses
Parking — 1 businesses
Department Store — 1 businesses
Medical & Healthcare — 1 businesses
Chemist — 1 businesses

Full demographic profile

Population	23,123
Households	7,943
Median household income	$67,584
Per capita income	$28,392
Median age	33.4
% bachelor's degree or higher	17.324%
% age 18–34	24.556%
% age 65+	5.895%
% renter-occupied	30.311%
Median home value	$136,000
Median gross rent	$1,355
Unemployment rate	9.235%

Nearby ZIPs in TN

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

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