Nursing Care Facilities Market: ZIP 27514
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 27514 is an urban area with moderate foot traffic. with a population of 32,612 and household incomes above the national median ($94,167).
Area Profile
32,612
Population
$94,167
Median Income
+26% vs. national
Urban
Area Type
14.8/20
Foot Traffic
Very Car-Dependent
Median Age: 23.9 —
young market, strong street food demand.
College-Educated: 38.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,020
2BR Fair Market Rent
$1,491
Median Gross Rent
$630 K
Median Home Value
13
Bank Branches
$2.6 M 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
- 13
vs. National Average
Median Income
+26% vs. $74,580
Walkability
+4.3 pts vs. national avg
Nearby Markets
27599
4.3 mi
Pop: 0
Walk: 15.8
27510
4.4 mi
Pop: 13,739
$62,737
27705
6.3 mi
Pop: 48,412
$71,153
Walk: 12.1
27707
6.9 mi
Pop: 50,865
$72,432
Walk: 12.9
27708
7.9 mi
Pop: 3,185
Walk: 13.8
27516
8.2 mi
Pop: 46,372
$100,788
Walk: 11.5
27517
8.7 mi
Pop: 28,676
$124,821
Walk: 7.8
27278
8.9 mi
Pop: 28,546
$101,821
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