ElderCareCost
Showing results for ZIP 85378 (AZ)
Home ZIP 37801

Nursing Care Facilities Market: ZIP 37801

Opportunity Score
55 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 37801 is an urban area with low foot traffic. with a population of 27,271 and household incomes near the national median ($70,814).

Area Profile

27,271
Population
$70,814
Median Income
-5% vs. national
Urban
Area Type
3.9/20
Foot Traffic
Very Car-Dependent
Median Age: 45.3 — older demographic, may prefer sit-down options.
College-Educated: 18.4% — value-focused market, keep prices competitive.

Operating Costs

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

$1,400
2BR Fair Market Rent
$1,061
Median Gross Rent
$270 K
Median Home Value
14
Bank Branches
$1.7 M deposits

Tips for Starting a Elder Care Business in Tennessee

  • 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.

Data sources

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