Nursing Care Facilities Market: ZIP 28303
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 28303 is an urban area with low foot traffic. with a population of 30,220 and household incomes near the national median ($53,261).
Area Profile
30,220
Population
$53,261
Median Income
-29% vs. national
Urban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 34.4 —
mixed-age market, broad menu appeal.
College-Educated: 20.0% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 28303.
19
Home Health Agencies
6.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
$1,125
Median Gross Rent
$170 K
Median Home Value
8
Bank Branches
$1.2 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
- Car-Dependent
- Related Businesses
- 19
- Bank Branches
- 8
vs. National Average
Median Income
-29% vs. $74,580
Walkability
-2.4 pts vs. national avg
Nearby Markets
28305
4.3 mi
Pop: 5,993
$70,612
Walk: 8.4
28307
4.4 mi
Pop: 14,352
$51,264
Walk: 4.2
28314
4.5 mi
Pop: 56,200
$60,036
Walk: 7.1
28304
4.6 mi
Pop: 36,634
$57,867
Walk: 6.4
28301
5.2 mi
Pop: 16,221
$36,955
Walk: 6.7
28310
6.4 mi
Pop: 9,998
Walk: 5.6
28308
7.1 mi
Pop: 375
28311
7.5 mi
Pop: 35,927
$60,033
Walk: 7.1
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