Nursing Care Facilities Market: ZIP 34202
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 34202 is an urban area with low foot traffic. with a population of 27,237 and household incomes well above the national median ($123,210).
Area Profile
27,237
Population
$123,210
Median Income
+65% vs. national
Urban
Area Type
8.0/20
Foot Traffic
Car-Dependent
Median Age: 54.2 —
older demographic, may prefer sit-down options.
College-Educated: 42.7% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 34202.
6
Home Health Agencies
2.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,500
2BR Fair Market Rent
$2,111
Median Gross Rent
$620 K
Median Home Value
12
Bank Branches
$1.4 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 $123,210. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 6
- Bank Branches
- 12
vs. National Average
Median Income
+65% vs. $74,580
Walkability
-2.5 pts vs. national avg
Nearby Markets
34211
3.7 mi
Pop: 20,786
$118,565
34201
4.9 mi
Pop: 3,993
$124,000
34240
4.9 mi
Pop: 16,356
$126,048
Walk: 9.5
34235
6.1 mi
Pop: 15,114
$72,948
Walk: 11.2
34212
6.4 mi
Pop: 24,467
$119,298
Walk: 4.8
34232
7.6 mi
Pop: 34,779
$81,041
Walk: 11.8
34203
8.4 mi
Pop: 39,109
$68,030
Walk: 11.5
34243
9.2 mi
Pop: 31,773
$79,799
Walk: 10.3
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