Nursing Care Facilities Market: ZIP 21214
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 21214 is an urban area with moderate foot traffic. with a population of 21,295 and household incomes above the national median ($82,093).
Area Profile
21,295
Population
$82,093
Median Income
+10% vs. national
Urban
Area Type
12.7/20
Foot Traffic
Walkable
Median Age: 41.6 —
older demographic, may prefer sit-down options.
College-Educated: 30.5% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 21214.
8
Home Health Agencies
3.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,750
2BR Fair Market Rent
$1,188
Median Gross Rent
$250 K
Median Home Value
1
Bank Branches
$6.3 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 8
- Bank Branches
- 1
vs. National Average
Median Income
+10% vs. $74,580
Walkability
+2.2 pts vs. national avg
Nearby Markets
21251
1.1 mi
Pop: 249
Walk: 11.7
21239
1.8 mi
Pop: 28,635
$64,288
Walk: 13.0
21206
2.0 mi
Pop: 49,901
$62,965
Walk: 12.5
21213
2.7 mi
Pop: 27,881
$50,031
Walk: 14.1
21218
3.0 mi
Pop: 44,903
$58,378
Walk: 14.5
21205
3.4 mi
Pop: 13,665
$38,723
Walk: 14.1
21212
3.6 mi
Pop: 33,425
$96,752
Walk: 13.4
21234
3.6 mi
Pop: 65,010
$83,139
Walk: 10.7
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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