Nursing Care Facilities Market: ZIP 51062
Opportunity Score
14
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 51062 is an urban area with low foot traffic.
Area Profile
338
Population
Urban
Area Type
4.0/20
Foot Traffic
Very Car-Dependent
Median Age: 57.3 —
older demographic, may prefer sit-down options.
College-Educated: 18.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$880
2BR Fair Market Rent
$1,146
Median Gross Rent
$280 K
Median Home Value
Tips for Starting a Elder Care Business in Iowa
- 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
- Very Car-Dependent
vs. National Average
Walkability
-6.5 pts vs. national avg
Nearby Markets
51109
7.5 mi
Pop: 3,731
$70,750
Walk: 10.4
57038
8.8 mi
Pop: 1,713
$86,895
51001
9.9 mi
Pop: 2,292
$67,639
57025
11.1 mi
Pop: 3,165
$88,466
Walk: 7.1
57049
12.2 mi
Pop: 7,814
$93,239
51103
13.6 mi
Pop: 17,145
$57,212
Walk: 15.0
51104
14.5 mi
Pop: 22,792
$74,984
Walk: 12.7
51011
15.1 mi
Pop: 80
$45,556
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