Nursing Care Facilities Market: ZIP 20879
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20879 is an urban area with moderate foot traffic. with a population of 26,120 and household incomes well above the national median ($105,109).
Area Profile
26,120
Population
$105,109
Median Income
+41% vs. national
Urban
Area Type
12.4/20
Foot Traffic
Walkable
Median Age: 36.3 —
mixed-age market, broad menu appeal.
College-Educated: 28.4% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 20879.
4
Home Health Agencies
1.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,270
2BR Fair Market Rent
$1,895
Median Gross Rent
$430 K
Median Home Value
8
Bank Branches
$980 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 $105,109. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 4
- Bank Branches
- 8
vs. National Average
Median Income
+41% vs. $74,580
Walkability
+1.9 pts vs. national avg
Nearby Markets
20880
2.0 mi
Pop: 590
$160,417
Walk: 12.2
20877
2.7 mi
Pop: 39,068
$86,103
Walk: 14.8
20855
3.1 mi
Pop: 16,557
$147,708
Walk: 10.5
20886
3.2 mi
Pop: 34,419
$98,767
Walk: 12.9
20899
3.9 mi
Pop: 106
$23,917
Walk: 14.3
20882
4.2 mi
Pop: 13,661
$186,964
Walk: 9.2
20850
5.5 mi
Pop: 50,365
$122,691
Walk: 13.6
20876
5.5 mi
Pop: 26,511
$113,329
Walk: 13.5
Check Another Market
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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