Nursing Care Facilities Market: ZIP 00717
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 00717 is an urban area with low foot traffic. with a population of 14,651 and household incomes below the national median ($13,282).
Area Profile
14,651
Population
$13,282
Median Income
-82% vs. national
Urban
Area Type
6.1/20
Foot Traffic
Car-Dependent
Median Age: 47.4 —
older demographic, may prefer sit-down options.
College-Educated: 24.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$580
2BR Fair Market Rent
$492
Median Gross Rent
$110 K
Median Home Value
1
Bank Branches
$170 K deposits
Tips for Starting a Elder Care Business in ZIP 00717
- 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 $13,282. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
-82% vs. $74,580
Walkability
-4.4 pts vs. national avg
Nearby Markets
00716
1.3 mi
Pop: 27,705
$19,522
Walk: 5.4
00730
1.9 mi
Pop: 31,976
$18,077
Walk: 6.2
00715
3.2 mi
Pop: 2,003
$15,743
Walk: 1.7
00728
3.7 mi
Pop: 37,322
$20,351
Walk: 5.6
00780
7.0 mi
Pop: 13,612
$26,483
Walk: 3.2
00731
7.6 mi
Pop: 10,221
$16,917
Walk: 3.8
00624
8.4 mi
Pop: 21,374
$21,091
Walk: 3.5
00795
8.6 mi
Pop: 43,212
$23,391
Walk: 3.9
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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