Nursing Care Facilities Market: ZIP 27022
Opportunity Score
20
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 27022 is an urban area. with a population of 1,187 and household incomes below the national median ($41,645).
Area Profile
1,187
Population
$41,645
Median Income
-44% vs. national
Urban
Area Type
Median Age: 44.8 —
older demographic, may prefer sit-down options.
College-Educated: 9.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,000
2BR Fair Market Rent
$809
Median Gross Rent
$140 K
Median Home Value
Tips for Starting a Elder Care Business in North Carolina
- 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.
- Median income sits at $41,645. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-44% vs. $74,580
Nearby Markets
27016
4.5 mi
Pop: 1,858
$54,920
27046
9.5 mi
Pop: 2,285
$49,632
24082
10.2 mi
Pop: 362
$54,389
27053
10.4 mi
Pop: 3,187
$66,875
Walk: 4.1
24165
12.1 mi
Pop: 1,633
$62,206
Walk: 3.4
24171
12.7 mi
Pop: 7,713
$49,764
Walk: 4.7
24133
12.8 mi
Pop: 2,521
$55,321
Walk: 3.7
27052
14.0 mi
Pop: 10,599
$57,913
Walk: 3.0
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