Nursing Care Facilities Market: ZIP 34108
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 34108 is an urban area with low foot traffic. with a population of 16,549 and household incomes well above the national median ($120,187).
Area Profile
16,549
Population
$120,187
Median Income
+61% vs. national
Urban
Area Type
7.9/20
Foot Traffic
Car-Dependent
Median Age: 68.0 —
older demographic, may prefer sit-down options.
College-Educated: 55.9% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,120
2BR Fair Market Rent
$2,099
Median Gross Rent
$970 K
Median Home Value
18
Bank Branches
$4.8 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.
- The median income here is $120,187. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 18
vs. National Average
Median Income
+61% vs. $74,580
Walkability
-2.6 pts vs. national avg
Nearby Markets
34109
3.1 mi
Pop: 26,644
$91,073
Walk: 9.0
34103
3.8 mi
Pop: 11,289
$115,262
Walk: 9.0
34110
4.2 mi
Pop: 24,681
$95,275
Walk: 7.8
34105
4.9 mi
Pop: 16,102
$94,702
Walk: 6.9
34119
6.4 mi
Pop: 35,914
$109,260
Walk: 6.3
34102
7.5 mi
Pop: 10,804
$115,927
Walk: 9.8
34116
7.8 mi
Pop: 34,872
$69,204
Walk: 7.7
34134
8.1 mi
Pop: 16,403
$122,102
Walk: 11.4
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