ElderCareCost
Showing results for ZIP 75420 (TX)
Home ZIP 34108

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.

Data sources

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