ElderCareCost
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Home ZIP 19930

Nursing Care Facilities Market: ZIP 19930

Opportunity Score
77 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 19930 is an suburban area with moderate foot traffic. with a population of 2,873 and household incomes well above the national median ($118,092).

Area Profile

2,873
Population
$118,092
Median Income
+58% vs. national
Suburban
Area Type
12.7/20
Foot Traffic
Walkable
Median Age: 67.6 — older demographic, may prefer sit-down options.
College-Educated: 66.8% — strong appetite for artisan/specialty food.

Operating Costs

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

$1,610
2BR Fair Market Rent
$1,542
Median Gross Rent
$800 K
Median Home Value
1
Bank Branches
$200 K 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 $118,092. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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