ElderCareCost
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Home ZIP 33409

Nursing Care Facilities Market: ZIP 33409

Opportunity Score
54 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 33409 is an urban area with moderate foot traffic. with a population of 32,921 and household incomes near the national median ($65,206). There are 3 nursing care facilities operations in ZIP 33409.

Area Profile

32,921
Population
$65,206
Median Income
-13% vs. national
Urban
Area Type
12.9/20
Foot Traffic
Walkable
Median Age: 34.8 — mixed-age market, broad menu appeal.
College-Educated: 17.9% — value-focused market, keep prices competitive.

Competition

Nursing Care Facilities and related businesses in ZIP 33409.

3
Nursing Care Facilities
Low competition — room to establish
0.9 per 10K residents
18
Home Health Agencies
5.5 per 10K residents
What this means: Nursing Care Facilities are 14.3% of the relevant market in ZIP 33409 (3 vs. 18 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,110
2BR Fair Market Rent
$1,633
Median Gross Rent
$280 K
Median Home Value
8
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