Nursing Care Facilities Market: ZIP 00968
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 00968 is an urban area with low foot traffic. with a population of 3,488 and household incomes near the national median ($60,353).
Area Profile
3,488
Population
$60,353
Median Income
-19% vs. national
Urban
Area Type
4.9/20
Foot Traffic
Very Car-Dependent
Median Age: 57.1 —
older demographic, may prefer sit-down options.
College-Educated: 63.9% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$980
2BR Fair Market Rent
$1,027
Median Gross Rent
$210 K
Median Home Value
3
Bank Branches
$1.2 M deposits
Tips for Starting a Elder Care Business in ZIP 00968
- 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 3
vs. National Average
Median Income
-19% vs. $74,580
Walkability
-5.6 pts vs. national avg
Nearby Markets
00966
1.0 mi
Pop: 17,715
$56,421
Walk: 5.4
00920
1.3 mi
Pop: 16,403
$29,914
Walk: 6.0
00934
1.4 mi
Pop: 80
00921
1.4 mi
Pop: 34,197
$21,797
Walk: 6.5
00965
1.8 mi
Pop: 5,886
$16,516
Walk: 7.2
00927
2.5 mi
Pop: 13,675
$39,838
Walk: 5.6
00918
2.5 mi
Pop: 16,379
$36,872
Walk: 5.7
00969
2.8 mi
Pop: 41,619
$58,205
Walk: 5.7
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