Nursing Care Facilities Market: ZIP 21842
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 21842 is an suburban area with moderate foot traffic. with a population of 11,121 and household incomes above the national median ($75,372).
Area Profile
11,121
Population
$75,372
Median Income
+1% vs. national
Suburban
Area Type
11.7/20
Foot Traffic
Walkable
Median Age: 53.7 —
older demographic, may prefer sit-down options.
College-Educated: 31.1% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,300
2BR Fair Market Rent
$1,258
Median Gross Rent
$420 K
Median Home Value
17
Bank Branches
$1.5 M 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
- Suburban
- Foot Traffic
- Walkable
- Bank Branches
- 17
vs. National Average
Median Income
+1% vs. $74,580
Walkability
+1.2 pts vs. national avg
Nearby Markets
21813
7.7 mi
Pop: 2,936
$102,332
19944
8.2 mi
Pop: 652
$103,125
Walk: 12.3
21862
9.1 mi
Pop: 41
Walk: 7.1
19975
9.4 mi
Pop: 10,356
$86,063
Walk: 7.8
21811
9.9 mi
Pop: 24,263
$91,293
Walk: 6.2
19967
12.4 mi
Pop: 2,093
$89,545
19930
13.1 mi
Pop: 2,873
$118,092
Walk: 12.7
19970
13.3 mi
Pop: 8,265
$90,802
Walk: 6.0
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