Nursing Care Facilities Market: ZIP 05853
Opportunity Score
40
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 05853 is an rural area. with a population of 711 and household incomes above the national median ($88,558).
Area Profile
711
Population
$88,558
Median Income
+19% vs. national
Rural
Area Type
Median Age: 43.6 —
older demographic, may prefer sit-down options.
College-Educated: 26.7% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,040
2BR Fair Market Rent
$1,120
Median Gross Rent
$260 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
+19% vs. $74,580
Nearby Markets
05833
4.8 mi
Pop: 42
$66,500
05872
6.0 mi
Pop: 766
$36,833
Walk: 6.8
05830
6.1 mi
Pop: 1,534
$67,321
05907
8.8 mi
Pop: 112
$63,125
Walk: 4.7
05846
9.1 mi
Pop: 1,144
$47,857
Walk: 10.8
05829
10.0 mi
Pop: 1,600
$67,917
05860
13.0 mi
Pop: 2,859
$60,238
Walk: 5.9
05871
14.8 mi
Pop: 1,369
$70,565
Walk: 6.0
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