Nursing Care Facilities Market: ZIP 00612
Opportunity Score
41
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 00612 is an urban area with low foot traffic. with a population of 62,462 and household incomes below the national median ($23,831).
Area Profile
62,462
Population
$23,831
Median Income
-68% vs. national
Urban
Area Type
4.8/20
Foot Traffic
Very Car-Dependent
Median Age: 44.7 —
older demographic, may prefer sit-down options.
College-Educated: 21.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$610
2BR Fair Market Rent
$503
Median Gross Rent
$110 K
Median Home Value
5
Bank Branches
$820 K deposits
Tips for Starting a Elder Care Business in ZIP 00612
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
- Median income sits at $23,831. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 5
vs. National Average
Median Income
-68% vs. $74,580
Walkability
-5.7 pts vs. national avg
Nearby Markets
00616
2.0 mi
Pop: 9,836
$21,391
Walk: 4.2
00688
5.6 mi
Pop: 10,985
$18,014
Walk: 2.4
00659
7.5 mi
Pop: 37,203
$27,297
Walk: 3.6
00652
7.6 mi
Pop: 4,492
$31,653
Walk: 3.8
00650
9.6 mi
Pop: 13,457
$19,811
Walk: 3.3
00617
9.8 mi
Pop: 22,699
$22,010
Walk: 4.6
00641
10.3 mi
Pop: 23,962
$17,839
Walk: 4.0
00627
11.3 mi
Pop: 32,753
$26,094
Walk: 3.5
Check Another Market
Or estimate costs with the ElderCareCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits