Nursing Care Facilities Market: ZIP 53151
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 53151 is an urban area with low foot traffic. with a population of 32,865 and household incomes above the national median ($99,248).
Area Profile
32,865
Population
$99,248
Median Income
+33% vs. national
Urban
Area Type
7.3/20
Foot Traffic
Car-Dependent
Median Age: 44.6 —
older demographic, may prefer sit-down options.
College-Educated: 34.4% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,740
2BR Fair Market Rent
$1,424
Median Gross Rent
$350 K
Median Home Value
11
Bank Branches
$1.1 M 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
- Foot Traffic
- Car-Dependent
- Bank Branches
- 11
vs. National Average
Median Income
+33% vs. $74,580
Walkability
-3.2 pts vs. national avg
Nearby Markets
53228
3.6 mi
Pop: 15,084
$75,288
Walk: 12.7
53130
3.9 mi
Pop: 7,647
$86,806
Walk: 10.4
53227
4.0 mi
Pop: 22,988
$71,594
Walk: 13.4
53146
4.1 mi
Pop: 7,348
$96,015
53122
5.1 mi
Pop: 6,467
$133,036
53005
6.1 mi
Pop: 22,125
$123,486
Walk: 9.3
53226
6.4 mi
Pop: 18,893
$86,361
Walk: 14.2
53214
6.5 mi
Pop: 35,010
$62,712
Walk: 15.4
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