ElderCareCost
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Home ZIP 33607

Nursing Care Facilities Market: ZIP 33607

Opportunity Score
72 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 33607 is an urban area with high foot traffic. with a population of 24,960 and household incomes near the national median ($66,404).

Area Profile

24,960
Population
$66,404
Median Income
-11% vs. national
Urban
Area Type
15.1/20
Foot Traffic
Very Walkable
Median Age: 39.0 — mixed-age market, broad menu appeal.
College-Educated: 27.5% — balanced market for quality & value.

Competition

Nursing Care Facilities and related businesses in ZIP 33607.

18
Home Health Agencies
7.2 per 10K residents

Operating Costs

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

$2,300
2BR Fair Market Rent
$1,771
Median Gross Rent
$320 K
Median Home Value
21
Bank Branches
$2.5 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