Nursing Care Facilities Market: ZIP 21076
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 21076 is an urban area with low foot traffic. with a population of 23,642 and household incomes well above the national median ($143,409).
Area Profile
23,642
Population
$143,409
Median Income
+92% vs. national
Urban
Area Type
9.1/20
Foot Traffic
Very Car-Dependent
Median Age: 37.1 —
mixed-age market, broad menu appeal.
College-Educated: 39.4% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,860
2BR Fair Market Rent
$2,337
Median Gross Rent
$490 K
Median Home Value
6
Bank Branches
$710 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 $143,409. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 6
vs. National Average
Median Income
+92% vs. $74,580
Walkability
-1.4 pts vs. national avg
Nearby Markets
21077
1.9 mi
Pop: 137
21075
2.9 mi
Pop: 37,146
$133,321
Walk: 9.3
21240
3.6 mi
Pop: 0
Walk: 8.7
21144
4.7 mi
Pop: 37,372
$132,820
Walk: 6.6
21090
4.8 mi
Pop: 10,033
$124,688
Walk: 10.4
20794
5.1 mi
Pop: 16,182
$105,441
Walk: 10.4
20701
5.2 mi
Pop: 749
$81,763
20755
5.3 mi
Pop: 10,477
$102,886
Walk: 7.5
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