Nursing Care Facilities Market: ZIP 21638
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 21638 is an suburban area. with a population of 5,068 and household incomes well above the national median ($130,804).
Area Profile
5,068
Population
$130,804
Median Income
+75% vs. national
Suburban
Area Type
Median Age: 45.8 —
older demographic, may prefer sit-down options.
College-Educated: 31.2% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,310
2BR Fair Market Rent
$1,630
Median Gross Rent
$490 K
Median Home Value
1
Bank Branches
$81 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 $130,804. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Suburban
- Bank Branches
- 1
vs. National Average
Median Income
+75% vs. $74,580
Nearby Markets
21619
4.0 mi
Pop: 5,905
$100,359
Walk: 7.5
21658
4.4 mi
Pop: 3,802
$132,500
Walk: 6.4
21679
7.9 mi
Pop: 332
$116,908
Walk: 4.5
21624
8.7 mi
Pop: 165
21666
8.8 mi
Pop: 14,205
$130,426
Walk: 6.7
21663
10.6 mi
Pop: 3,745
$81,932
Walk: 7.1
21661
10.8 mi
Pop: 2,400
$87,778
Walk: 5.8
21647
11.3 mi
Pop: 412
$111,111
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