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Nursing Care Facilities Market: ZIP 32205

Opportunity Score
69 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 32205 is an urban area with moderate foot traffic. with a population of 30,162 and household incomes near the national median ($60,609).

Area Profile

30,162
Population
$60,609
Median Income
-19% vs. national
Urban
Area Type
14.6/20
Foot Traffic
Very Car-Dependent
Median Age: 37.1 — mixed-age market, broad menu appeal.
College-Educated: 27.1% — balanced market for quality & value.

Competition

Nursing Care Facilities and related businesses in ZIP 32205.

7
Home Health Agencies
2.3 per 10K residents

Operating Costs

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

$1,560
2BR Fair Market Rent
$1,190
Median Gross Rent
$260 K
Median Home Value
6
Bank Branches
$340 K deposits

Tips for Starting a Elder Care Business in Florida

  • 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
Related Businesses
7
Bank Branches
6

vs. National Average

Median Income
-19% vs. $74,580
Walkability
+4.1 pts vs. national avg

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Data sources

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