Is 38118 a good place to open a brewery?

Based on our analysis, 38118 (Memphis, Tennessee) is rated "Low Opportunity" with a Brewery Opportunity Score of 40.1/100. The area has 39,162 residents, $42,464 median household income, and a current BDI of 2.6.

What factors determine brewery opportunity in 38118?

The BOS for 38118 considers five factors: household income, demographics (25-44 age group at 8.5%), education (bachelor's+ at 11.8%), existing competition (BDI: 2.6), and accessibility.

Brewery Market Opportunity in Memphis, TN 38118

Brewery Opportunity Score

40.1

Low Opportunity

ZIP code 38118 in Memphis, Tennessee currently shows limited opportunity for a new brewery (BOS: 40.1). The combination of demographics, income ($42,464), and current competition (BDI: 2.6) suggests this market may not be the strongest choice for a new venture at this time.

Population

39,162

Potential customer base

Median Income

$42,464

Household income

National Rank

#4,203

Top 9% nationally

Current BDI

2.6

View density →

Opportunity Score Breakdown

Each factor is scored 0–100 and weighted to produce the final BOS. Higher = better opportunity.

Income

Demographics (25-44)

Education

Low Competition

100

Accessibility

Existing Breweries in 38118 (1)

Name	Type
Blues City Brewing Co	Regional

Related Data for 38118

📊Brewery DensityCurrent brewery concentration in 38118 📈Tennessee MarketState brewery trends & health

Nearby ZIP Codes

38120BOS: 56.7Moderate Opportunity 38112BOS: 48.1Moderate Opportunity 38107BOS: 39.0Low Opportunity 38106BOS: 36.5Low Opportunity 38104BOS: 48.1Moderate Opportunity