ElderCareCost
Home ZIP 33063

Nursing Care Facilities Market: ZIP 33063

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

Market Summary

ZIP 33063 is an urban area with moderate foot traffic. with a population of 55,539 and household incomes near the national median ($62,930). There are 5 nursing care facilities operations in ZIP 33063.

Area Profile

55,539
Population
$62,930
Median Income
-16% vs. national
Urban
Area Type
12.9/20
Foot Traffic
Walkable
Median Age: 45.5 — older demographic, may prefer sit-down options.
College-Educated: 21.5% — value-focused market, keep prices competitive.

Competition

Nursing Care Facilities and related businesses in ZIP 33063.

5
Nursing Care Facilities
Low competition — room to establish
0.9 per 10K residents
5
Home Health Agencies
0.9 per 10K residents
What this means: Nursing Care Facilities are 50.0% of the relevant market in ZIP 33063 (5 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,280
2BR Fair Market Rent
$1,790
Median Gross Rent
$270 K
Median Home Value
11
Bank Branches
$1.3 M 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.

Data sources

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