Demand by city
Is there demand for a floor recoat business in Memphis?
By the numbers, yes: there are 292,081 owner-occupied homes within 30 miles of Memphis, and with conservative math about 20,400 of their wood floors come due for a recoat each year. We assume only 1 in 10 of those owners pays someone to do it, which is still about 2,000 homeowners a year.
Memphis by the numbers
- 292,081
- Owner-occupied homes
- 102,200
- Estimated with wood floors (35%)
- 20,400
- Wood floors due a year (one coat every 5 years)
- 2,000
- Owners likely to pay for it a year (1 in 10)
These count the 71 ZIP codes whose centers are within 30 miles of Memphis's center. That takes in the city and the towns around it, the kind of area a recoat business usually serves.
What these numbers mean
- Owner-occupied homes: homes lived in by the people who own them. Owners are the ones who pay to fix up their floors, so renters are left out
- Wood floors: our estimate of how many of those homes have wood floors. We use 35%, lower than the share homeowners report
- Due a year: wood floors that reach the point where they need a fresh coat this year, if each one gets a coat every 5 years
- Likely to pay for it: the owners of those floors who pay someone to do it, if only 1 in 10 does
None of these is money. They show how many homes and floors are around Memphis, not what a business there will sell. Leads aren't sold jobs.
The ZIP codes near Memphis with the most owner-occupied homes
| ZIP code | Closest town | Owner-occupied homes | Wood floors due a year |
|---|---|---|---|
| 38654 | Olive Branch, MS | 17,812 | 1,200 |
| 38017 | Piperton, TN | 16,111 | 1,100 |
| 38002 | Lakeland, TN | 12,744 | 890 |
| 38632 | Hernando, MS | 10,164 | 710 |
| 38016 | Bartlett, TN | 10,124 | 710 |
Each row is one ZIP code within 30 miles of Memphis. Click a ZIP to see the demand within 30 miles of it. The town is the closest place in the Census list to the center of the ZIP code, so treat it as a rough guide.
How we got these numbers, and why they are conservative
- Homes: owner-occupied homes from the U.S. Census Bureau, American Community Survey 2024 (5-year estimates), added up for every ZIP code whose center is within 30 miles of Memphis's center. Renters are left out
- Wood floors: 35% of those homes. The National Wood Flooring Association found 52% of homeowners say they have wood floors, so we use a lower figure on purpose
- Due each year: we assume a floor gets a fresh coat about every 5 years
- Hiring it out: we assume only 1 in 10 owners whose floor is due pays anyone to do it
Every choice leans low. Homeowners report more wood floors than we count, and we assume only 1 in 10 owners pays anyone at all. The demand tool uses the same math and shows every step.
Check any ZIP code
Memphis is a big place, and your part of it is what matters. Type any ZIP code or town into the demand tool to see the same numbers for the 30 miles around it.
Guides to read next
Starting a recoat business in Memphis
FloorIt takes one partner per area. We build the business in your name, train you, ship your equipment and finish, and bring you your first 50 leads. Apply to check if your part of Memphis is open.
Questions about Memphis
Is there demand for a floor recoat business in Memphis?
By the numbers, yes: there are 292,081 owner-occupied homes within 30 miles of Memphis, and with conservative math about 20,400 of their wood floors come due for a recoat each year. We assume only 1 in 10 of those owners pays someone to do it, which is still about 2,000 homeowners a year.
How many homes near Memphis have wood floors due for a recoat?
Using a conservative 35% wood floor share, about 102,200 of the 292,081 owner-occupied homes within 30 miles of Memphis have wood floors. At one recoat every 5 years, that is about 20,400 floors due each year, and about 2,000 owners a year likely to pay someone to do it.
Where near Memphis are the most owner-occupied homes?
By ZIP code, the most owner-occupied homes within 30 miles of Memphis are in 38654 (near Olive Branch, MS, 17,812 homes), 38017 (near Piperton, TN, 16,111 homes), 38002 (near Lakeland, TN, 12,744 homes), 38632 (near Hernando, MS, 10,164 homes), and 38016 (near Bartlett, TN, 10,124 homes).
Are these numbers a sales forecast?
No. They are the size of the market within 30 miles of Memphis, not what any one business will sell. Leads aren't sold jobs, and every business wins its own share.