Nursing Care Facilities Market: ZIP 20772
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20772 is an urban area with low foot traffic. with a population of 52,768 and household incomes well above the national median ($135,576).
Area Profile
52,768
Population
$135,576
Median Income
+82% vs. national
Urban
Area Type
5.8/20
Foot Traffic
Very Car-Dependent
Median Age: 42.0 —
older demographic, may prefer sit-down options.
College-Educated: 32.8% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 20772.
5
Home Health Agencies
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,370
2BR Fair Market Rent
$2,045
Median Gross Rent
$440 K
Median Home Value
5
Bank Branches
$410 K deposits
Tips for Starting a Elder Care Business in Maryland
- 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 $135,576. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 5
vs. National Average
Median Income
+82% vs. $74,580
Walkability
-4.7 pts vs. national avg
Nearby Markets
20623
5.9 mi
Pop: 2,846
$132,386
20774
6.6 mi
Pop: 52,221
$128,392
Walk: 8.6
20762
7.3 mi
Pop: 3,075
$91,905
20613
8.0 mi
Pop: 15,923
$149,821
Walk: 5.4
20754
8.3 mi
Pop: 7,512
$173,208
Walk: 4.9
20711
8.5 mi
Pop: 7,629
$98,517
20721
9.4 mi
Pop: 30,342
$167,689
Walk: 8.8
20747
9.5 mi
Pop: 37,924
$72,931
Walk: 11.5
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