Nursing Care Facilities Market: ZIP 40013
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 40013 is an suburban area. with a population of 6,830 and household incomes above the national median ($97,592).
Area Profile
6,830
Population
$97,592
Median Income
+31% vs. national
Suburban
Area Type
Median Age: 35.5 —
mixed-age market, broad menu appeal.
College-Educated: 17.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,180
2BR Fair Market Rent
$1,086
Median Gross Rent
$240 K
Median Home Value
Tips for Starting a Elder Care Business in Kentucky
- 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
- Suburban
vs. National Average
Median Income
+31% vs. $74,580
Nearby Markets
40020
6.6 mi
Pop: 197
$87,951
40047
8.2 mi
Pop: 23,160
$93,609
Walk: 6.9
40004
9.6 mi
Pop: 30,345
$64,222
Walk: 8.0
40071
10.0 mi
Pop: 16,702
$97,349
Walk: 5.0
40110
11.7 mi
Pop: 478
$46,677
40150
14.1 mi
Pop: 4,824
$60,823
40291
14.4 mi
Pop: 41,506
$81,576
Walk: 8.6
40008
14.5 mi
Pop: 3,718
$66,438
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