Nursing Care Facilities Market: ZIP 34229
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 34229 is an urban area. with a population of 7,237 and household incomes above the national median ($93,949).
Area Profile
7,237
Population
$93,949
Median Income
+26% vs. national
Urban
Area Type
Median Age: 65.5 —
older demographic, may prefer sit-down options.
College-Educated: 51.2% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,150
2BR Fair Market Rent
$2,008
Median Gross Rent
$640 K
Median Home Value
1
Bank Branches
$44 K 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+26% vs. $74,580
Nearby Markets
34238
3.2 mi
Pop: 22,808
$94,583
Walk: 11.0
34275
5.0 mi
Pop: 21,583
$84,503
Walk: 11.9
34231
5.6 mi
Pop: 32,203
$69,721
Walk: 13.9
34233
6.1 mi
Pop: 18,875
$77,041
Walk: 13.2
34242
6.2 mi
Pop: 7,672
$122,143
Walk: 12.8
34285
7.3 mi
Pop: 18,821
$67,712
Walk: 10.0
34239
8.6 mi
Pop: 14,795
$76,378
Walk: 14.4
34241
8.7 mi
Pop: 15,651
$113,114
Walk: 8.7
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