Nursing Care Facilities Market: ZIP 51342
Opportunity Score
37
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 51342 is an rural area with low foot traffic. with a population of 1,349 and household incomes above the national median ($77,708).
Area Profile
1,349
Population
$77,708
Median Income
+4% vs. national
Rural
Area Type
5.7/20
Foot Traffic
Very Car-Dependent
Median Age: 41.6 —
older demographic, may prefer sit-down options.
College-Educated: 10.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$880
2BR Fair Market Rent
$480
Median Gross Rent
$100 K
Median Home Value
1
Bank Branches
$21 K deposits
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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+4% vs. $74,580
Walkability
-4.8 pts vs. national avg
Nearby Markets
51365
4.3 mi
Pop: 475
$81,071
Walk: 3.9
50536
9.4 mi
Pop: 4,287
$62,404
Walk: 9.0
51334
11.7 mi
Pop: 6,827
$61,151
Walk: 8.1
50578
13.5 mi
Pop: 659
$68,938
51358
13.5 mi
Pop: 1,277
$70,921
Walk: 5.5
50528
15.6 mi
Pop: 365
$87,500
51364
16.0 mi
Pop: 855
$62,554
Walk: 6.3
50531
16.7 mi
Pop: 260
$105,375
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