Nursing Care Facilities Market: ZIP 04258
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 04258 is an urban area with low foot traffic. with a population of 2,774 and household incomes above the national median ($91,932).
Area Profile
2,774
Population
$91,932
Median Income
+23% vs. national
Urban
Area Type
6.5/20
Foot Traffic
Car-Dependent
Median Age: 52.1 —
older demographic, may prefer sit-down options.
College-Educated: 18.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,370
2BR Fair Market Rent
$881
Median Gross Rent
$280 K
Median Home Value
Tips for Starting a Elder Care Business in Maine
- 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
- Car-Dependent
vs. National Average
Median Income
+23% vs. $74,580
Walkability
-4.0 pts vs. national avg
Nearby Markets
04238
4.9 mi
Pop: 1,175
$88,011
04256
5.2 mi
Pop: 3,108
$58,958
04210
7.0 mi
Pop: 24,294
$66,552
Walk: 8.8
04274
7.3 mi
Pop: 5,920
$94,625
Walk: 4.9
04282
10.9 mi
Pop: 5,852
$87,981
Walk: 5.1
04240
11.8 mi
Pop: 37,886
$56,558
Walk: 8.7
04260
12.8 mi
Pop: 5,733
$107,781
Walk: 6.1
04281
13.1 mi
Pop: 5,268
$68,197
Walk: 7.3
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