Nursing Care Facilities Market: ZIP 00688
Opportunity Score
37
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 00688 is an rural area with low foot traffic. with a population of 10,985 and household incomes below the national median ($18,014).
Area Profile
10,985
Population
$18,014
Median Income
-76% vs. national
Rural
Area Type
2.4/20
Foot Traffic
Very Car-Dependent
Median Age: 42.6 —
older demographic, may prefer sit-down options.
College-Educated: 15.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$540
2BR Fair Market Rent
$546
Median Gross Rent
$100 K
Median Home Value
Tips for Starting a Elder Care Business in ZIP 00688
- 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 $18,014. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
-76% vs. $74,580
Walkability
-8.1 pts vs. national avg
Nearby Markets
00650
4.0 mi
Pop: 13,457
$19,811
Walk: 3.3
00616
4.1 mi
Pop: 9,836
$21,391
Walk: 4.2
00652
5.1 mi
Pop: 4,492
$31,653
Walk: 3.8
00612
5.6 mi
Pop: 62,462
$23,831
Walk: 4.8
00617
6.3 mi
Pop: 22,699
$22,010
Walk: 4.6
00641
9.4 mi
Pop: 23,962
$17,839
Walk: 4.0
00674
10.0 mi
Pop: 39,288
$20,039
Walk: 4.7
00638
10.5 mi
Pop: 17,410
$20,878
Walk: 3.2
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