ElderCareCost
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Home ZIP 28634

Nursing Care Facilities Market: ZIP 28634

Opportunity Score
55 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 28634 is an suburban area with low foot traffic. with a population of 5,056 and household incomes near the national median ($70,375).

Area Profile

5,056
Population
$70,375
Median Income
-6% vs. national
Suburban
Area Type
4.0/20
Foot Traffic
Very Car-Dependent
Median Age: 39.2 — mixed-age market, broad menu appeal.
College-Educated: 11.6% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,090
2BR Fair Market Rent
$929
Median Gross Rent
$130 K
Median Home Value
2
Bank Branches
$150 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits