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Is 38103 a good location for a restaurant?

What public records measure around the center of ZIP 38103 in Shelby County, Tennessee for a restaurant: households and income, jobs within reach, resident spending and the restaurants already mapped there. Whether a particular address fits is a question about that address; check one free below.

ZIP check

ZIP 38103, Shelby County, Tennessee

Restaurant. Measured from the center of the ZIP, not an address. ZIP 38103 covers 2.6 square miles, so its edges are about a mile from the center. Jobs and competitors are counted within a mile of the center and resident spending within 3 miles; the household figures beside are for the whole ZIP. Checked Oct 17, 2026.

ZIP 38103
8,372 households
Median household income
$76,278
Residents
14,534
Restaurants with employees, 2023
67

What stands out

  1. Few jobs within a short walk

    4Jobs
    4,185Households

    4 jobs are within a 5-minute walk (0.25 mile) and 19,854 within 10 minutes (0.5 mile), from Census workplace records for 2023.

  2. A typical amount of nearby competition

    15Sit-down and casual restaurants
    270 ftNearest rival

    Overture's places data lists 15 sit-down and casual restaurants within half a mile (2 chain, 1 local multi-location and 12 independent) and 148 within a mile.

  3. What spending nearby can support

    $141KMiddle-case sales
    $1,200Rent the middle case supports

    Spending near the center of this ZIP supports an estimated $54,000 to $374,000 a year in sales for this business (middle case $141,000).

  4. Unnamed interstate carries about 56,304 vehicles a day

    56,304Vehicles a day

    The nearest counted road is Unnamed interstate, 56,304 vehicles a day (FHWA HPMS 2024), next to the site.

Measured around the center of ZIP 38103

Computed from public records at this location

What the center of ZIP 38103 can sell each year

Middle case$141K

Sales a year, planning range

Low case$54K
High case$374K
Rivals within 2 mi168
Healthy share for this business
6% to 10%
Base rent the ZIP center supports
$250 to $3,100 a month

Resident, worker and student spending near the ZIP center, shared among competitors by distance (Huff model). A planning range with stated assumptions, not a forecast.

Competition

Competitors within half a mile15

45th percentile for nearby competition among 3,492 similar businesses in the Memphis metro area

Near the metro median of 17
Within a quarter mile1
Within 1 mile148

Nearest competitors

  • Competitor 1Independent270 ft
  • Competitor 2Independent1,510 ft
  • Competitor 4Chain1,540 ft
  • Competitor 5Independent1,640 ft
  • Competitor 7Independent1,710 ft

Overture Maps Foundation places, 2026-09-23.1. Listings, not verified hours or menus.

Jobs within walking distance

10-minute walk19,854

Jobs at workplaces within half a mile

5-minute walk4
Within 1 mile40,187
Office-type, half mile17,960

Largest employers within a 10-minute walk

  • Public administration17,436
  • Administrative support622
  • Food service and lodging559
  • Health care287
  • Retail199

Census LEHD workplace records, jobs as of 2023. Straight-line distances. Office attendance is still roughly half to 60% of 2020 levels. Jobs are workplaces, not visits.

Traffic on nearby roads

Vehicles a day on Unnamed Interstate56,304

Nearest counted road, 2024 count

State DOT and FHWA annual average daily traffic, both directions. Vehicles, not foot traffic.

What an address adds

  • The free check of an addressThe same measurements within a short walk of one address in 38103: who lives and works right there, the competition on that block and the traffic on its road. No account.
  • The full reportFor one address: whether the rules allow a restaurant there, the rent the location supports against the asking rent, what has opened and closed nearby, and the questions to settle before signing.

Have an address in 38103 in mind?

Check the address free

The restaurant check reads the same public records at the address itself.

Sources: Overture Maps Foundation: Places (Overture Places release 2026-09-23.1); DoorWorthy demand model: resident, worker and student spending shared among competitors (ACS 2020-2024; 2020 Census; BLS CE 2024; prices 2026-08); U.S. Census Bureau: ACS (ACS 2020-2024 five-year estimates); U.S. Census Bureau Gazetteer: ZIP Code Tabulation Area center (ZCTA internal point; land area 2.6 square miles); U.S. Census ACS households by income with BLS Consumer Expenditure Survey spending (ACS 2020-2024; 2020 Census; BLS CE 2024; prices 2026-08); FHWA Highway Performance Monitoring System (Annual average daily traffic, latest count 2024); U.S. Census Bureau: LEHD LODES workplace jobs (LODES8 workplace area characteristics, jobs as of 2023); U.S. Census Bureau ZIP Code Business Patterns 2023 (establishments with paid employees). Listings and counts are public records, not visits or sales in this ZIP.

Questions about ZIP 38103.

ZIP 38103 for another business