Nursing Care Facilities Market: ZIP 27055
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 27055 is an urban area with low foot traffic. with a population of 14,436 and household incomes near the national median ($63,770).
Area Profile
14,436
Population
$63,770
Median Income
-14% vs. national
Urban
Area Type
4.0/20
Foot Traffic
Very Car-Dependent
Median Age: 42.9 —
older demographic, may prefer sit-down options.
College-Educated: 11.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,090
2BR Fair Market Rent
$771
Median Gross Rent
$200 K
Median Home Value
5
Bank Branches
$370 K deposits
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 5
vs. National Average
Median Income
-14% vs. $74,580
Walkability
-6.5 pts vs. national avg
Nearby Markets
27011
8.5 mi
Pop: 5,109
$66,861
27018
9.7 mi
Pop: 7,838
$66,725
27020
12.4 mi
Pop: 5,854
$47,590
27023
12.6 mi
Pop: 13,998
$88,418
Walk: 4.9
28634
13.1 mi
Pop: 5,056
$70,375
Walk: 4.0
27028
13.5 mi
Pop: 26,026
$66,166
Walk: 5.8
27047
14.5 mi
Pop: 1,473
$79,702
Walk: 3.5
28642
14.8 mi
Pop: 5,591
$45,781
Walk: 5.8
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