Nursing Care Facilities Market: ZIP 05766
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 05766 is an rural area. with a population of 508 and household incomes well above the national median ($118,542).
Area Profile
508
Population
$118,542
Median Income
+59% vs. national
Rural
Area Type
Median Age: 47.8 —
older demographic, may prefer sit-down options.
College-Educated: 35.0% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,380
2BR Fair Market Rent
$330 K
Median Home Value
Tips for Starting a Elder Care Business in Vermont
- 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.
- The median income here is $118,542. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
+59% vs. $74,580
Nearby Markets
05748
7.7 mi
Pop: 485
$72,336
05769
9.2 mi
Pop: 1,308
$92,500
05747
9.6 mi
Pop: 322
$47,250
05443
11.1 mi
Pop: 6,353
$91,458
Walk: 9.7
05674
12.2 mi
Pop: 1,678
$84,688
Walk: 8.6
05753
12.6 mi
Pop: 11,031
$87,340
Walk: 9.8
05767
13.5 mi
Pop: 1,431
$70,260
Walk: 6.4
05733
13.7 mi
Pop: 5,970
$65,673
Walk: 7.0
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