Nursing Care Facilities Market: ZIP 00794
Opportunity Score
39
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 00794 is an urban area with low foot traffic. with a population of 28,450 and household incomes below the national median ($22,128).
Area Profile
28,450
Population
$22,128
Median Income
-70% vs. national
Urban
Area Type
3.1/20
Foot Traffic
Very Car-Dependent
Median Age: 40.2 —
older demographic, may prefer sit-down options.
College-Educated: 16.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$610
2BR Fair Market Rent
$504
Median Gross Rent
$120 K
Median Home Value
1
Bank Branches
$140 K deposits
Tips for Starting a Elder Care Business in ZIP 00794
- 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 $22,128. 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
- 1
vs. National Average
Median Income
-70% vs. $74,580
Walkability
-7.4 pts vs. national avg
Nearby Markets
00705
5.7 mi
Pop: 24,475
$21,806
Walk: 3.6
00782
6.1 mi
Pop: 18,397
$17,090
Walk: 3.2
00783
7.0 mi
Pop: 34,266
$24,429
Walk: 3.6
00786
7.1 mi
Pop: 135
Walk: 2.8
00719
7.3 mi
Pop: 29,732
$21,089
Walk: 3.9
00769
7.9 mi
Pop: 33,953
$20,514
Walk: 4.1
00720
8.0 mi
Pop: 20,974
$19,049
Walk: 2.8
00739
10.3 mi
Pop: 34,595
$26,801
Walk: 3.3
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