Nursing Care Facilities Market: ZIP 27816
Opportunity Score
40
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 27816 is an urban area. with a population of 2,964 and household incomes below the national median ($31,806).
Area Profile
2,964
Population
$31,806
Median Income
-57% vs. national
Urban
Area Type
Median Age: 51.7 —
older demographic, may prefer sit-down options.
College-Educated: 3.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,490
2BR Fair Market Rent
$821
Median Gross Rent
$110 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 $31,806. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-57% vs. $74,580
Nearby Markets
27856
9.1 mi
Pop: 17,001
$66,147
Walk: 5.7
27882
11.9 mi
Pop: 8,629
$55,972
Walk: 5.9
27549
12.3 mi
Pop: 25,826
$63,534
Walk: 7.7
27844
12.7 mi
Pop: 3,361
$38,058
Walk: 4.6
27589
15.3 mi
Pop: 6,763
$43,878
Walk: 4.2
27508
16.0 mi
Pop: 2,448
$50,750
27804
17.9 mi
Pop: 29,992
$58,837
Walk: 12.2
27803
21.5 mi
Pop: 19,851
$59,647
Walk: 13.8
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