ElderCareCost
Showing results for ZIP 98562 (WA)
Home ZIP 33128

Nursing Care Facilities Market: ZIP 33128

Opportunity Score
40 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 33128 is an urban area. with a population of 9,018 and household incomes below the national median ($36,308). There are 3 nursing care facilities operations in ZIP 33128.

Area Profile

9,018
Population
$36,308
Median Income
-51% vs. national
Urban
Area Type
Median Age: 44.1 — older demographic, may prefer sit-down options.
College-Educated: 17.4% — value-focused market, keep prices competitive.

Competition

Nursing Care Facilities and related businesses in ZIP 33128.

3
Nursing Care Facilities
Low competition — room to establish
3.3 per 10K residents

Operating Costs

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

$2,100
2BR Fair Market Rent
$1,316
Median Gross Rent
1
Bank Branches
$75 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 $36,308. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

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