ElderCareCost
Showing results for ZIP 68982 (NE)
Home ZIP 19803

Nursing Care Facilities Market: ZIP 19803

Opportunity Score
87 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 19803 is an urban area with moderate foot traffic. with a population of 21,971 and household incomes well above the national median ($133,941).

Area Profile

21,971
Population
$133,941
Median Income
+80% vs. national
Urban
Area Type
12.4/20
Foot Traffic
Walkable
Median Age: 46.4 — older demographic, may prefer sit-down options.
College-Educated: 45.1% — strong appetite for artisan/specialty food.

Competition

Nursing Care Facilities and related businesses in ZIP 19803.

5
Home Health Agencies
2.3 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,160
2BR Fair Market Rent
$1,736
Median Gross Rent
$440 K
Median Home Value
16
Bank Branches
$6.2 M deposits

Tips for Starting a Elder Care Business in Delaware

  • 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 $133,941. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Related Businesses
5
Bank Branches
16

vs. National Average

Median Income
+80% vs. $74,580
Walkability
+1.9 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits