Nursing Care Facilities Market: ZIP 32208
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 32208 is an urban area with moderate foot traffic. with a population of 31,093 and household incomes below the national median ($39,873).
Area Profile
31,093
Population
$39,873
Median Income
-47% vs. national
Urban
Area Type
12.1/20
Foot Traffic
Walkable
Median Age: 41.2 —
older demographic, may prefer sit-down options.
College-Educated: 10.2% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 32208.
3
Home Health Agencies
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,480
2BR Fair Market Rent
$1,180
Median Gross Rent
$140 K
Median Home Value
3
Bank Branches
$80 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.
- Median income sits at $39,873. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 3
- Bank Branches
- 3
vs. National Average
Median Income
-47% vs. $74,580
Walkability
+1.6 pts vs. national avg
Nearby Markets
32209
2.4 mi
Pop: 35,490
$29,468
Walk: 13.6
32203
4.0 mi
Pop: 0
32206
4.2 mi
Pop: 16,809
$37,585
Walk: 14.9
32254
5.1 mi
Pop: 14,653
$36,449
Walk: 11.9
32202
5.3 mi
Pop: 6,550
$40,070
32204
5.3 mi
Pop: 8,421
$54,462
32277
6.2 mi
Pop: 35,310
$60,215
Walk: 11.2
32218
6.6 mi
Pop: 71,066
$68,363
Walk: 11.5
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