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Home ZIP 34114

Nursing Care Facilities Market: ZIP 34114

Opportunity Score
63 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 34114 is an urban area with low foot traffic. with a population of 22,296 and household incomes above the national median ($81,314).

Area Profile

22,296
Population
$81,314
Median Income
+9% vs. national
Urban
Area Type
6.2/20
Foot Traffic
Car-Dependent
Median Age: 65.3 — older demographic, may prefer sit-down options.
College-Educated: 34.7% — balanced market for quality & value.

Competition

Nursing Care Facilities and related businesses in ZIP 34114.

3
Home Health Agencies
1.3 per 10K residents

Operating Costs

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

$1,970
2BR Fair Market Rent
$1,993
Median Gross Rent
$470 K
Median Home Value

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.

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Related Businesses
3

vs. National Average

Median Income
+9% vs. $74,580
Walkability
-4.3 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

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