Nursing Care Facilities Market: ZIP 53007
Opportunity Score
40
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 53007 is an urban area. with a population of 2,003 and household incomes near the national median ($55,577).
Area Profile
2,003
Population
$55,577
Median Income
-25% vs. national
Urban
Area Type
Median Age: 45.0 —
older demographic, may prefer sit-down options.
College-Educated: 22.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,150
2BR Fair Market Rent
$937
Median Gross Rent
$220 K
Median Home Value
2
Bank Branches
$140 K deposits
Tips for Starting a Elder Care Business in Wisconsin
- 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
- 2
vs. National Average
Median Income
-25% vs. $74,580
Nearby Markets
53225
2.1 mi
Pop: 25,277
$54,433
Walk: 12.3
53222
3.2 mi
Pop: 24,400
$73,523
Walk: 14.6
53005
3.7 mi
Pop: 22,125
$123,486
Walk: 9.3
53122
4.3 mi
Pop: 6,467
$133,036
53224
4.4 mi
Pop: 21,445
$69,727
Walk: 10.5
53226
4.5 mi
Pop: 18,893
$86,361
Walk: 14.2
53051
4.9 mi
Pop: 39,000
$98,423
Walk: 9.5
53218
5.5 mi
Pop: 40,581
$42,207
Walk: 13.2
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