Nursing Care Facilities Market: ZIP 28117
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 28117 is an urban area with low foot traffic. with a population of 48,170 and household incomes well above the national median ($109,310).
Area Profile
48,170
Population
$109,310
Median Income
+47% vs. national
Urban
Area Type
7.8/20
Foot Traffic
Car-Dependent
Median Age: 43.5 —
older demographic, may prefer sit-down options.
College-Educated: 39.2% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 28117.
8
Home Health Agencies
1.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,050
2BR Fair Market Rent
$1,593
Median Gross Rent
$570 K
Median Home Value
20
Bank Branches
$2.4 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.
- The median income here is $109,310. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 8
- Bank Branches
- 20
vs. National Average
Median Income
+47% vs. $74,580
Walkability
-2.7 pts vs. national avg
Nearby Markets
28682
5.0 mi
Pop: 1,429
$96,949
Walk: 4.0
28031
6.9 mi
Pop: 31,021
$115,746
Walk: 15.0
28166
7.3 mi
Pop: 11,009
$85,107
Walk: 5.8
28673
7.8 mi
Pop: 6,339
$99,036
Walk: 5.5
28115
8.2 mi
Pop: 42,862
$86,724
Walk: 6.0
28036
9.5 mi
Pop: 21,824
$144,920
Walk: 12.7
28037
10.2 mi
Pop: 27,128
$109,779
Walk: 5.6
28677
11.5 mi
Pop: 37,628
$59,081
Walk: 6.0
Check Another Market
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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