Nursing Care Facilities Market: ZIP 21757
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 21757 is an urban area. with a population of 2,810 and household incomes above the national median ($98,520).
Area Profile
2,810
Population
$98,520
Median Income
+32% vs. national
Urban
Area Type
Median Age: 42.2 —
older demographic, may prefer sit-down options.
College-Educated: 19.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,510
2BR Fair Market Rent
$1,345
Median Gross Rent
$410 K
Median Home Value
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
vs. National Average
Median Income
+32% vs. $74,580
Nearby Markets
21798
4.6 mi
Pop: 2,765
$125,583
Walk: 4.9
21778
5.1 mi
Pop: 840
$110,489
21791
6.4 mi
Pop: 4,734
$90,460
Walk: 5.4
21762
7.8 mi
Pop: 176
21727
8.2 mi
Pop: 6,079
$92,697
21787
8.3 mi
Pop: 11,549
$88,212
Walk: 5.4
21793
9.4 mi
Pop: 10,914
$128,504
Walk: 7.7
21788
10.7 mi
Pop: 11,919
$93,717
Walk: 6.7
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