Nursing Care Facilities Market: ZIP 53204
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 53204 is an urban area with high foot traffic. with a population of 40,008 and household incomes below the national median ($43,645).
Area Profile
40,008
Population
$43,645
Median Income
-41% vs. national
Urban
Area Type
15.2/20
Foot Traffic
Very Walkable
Median Age: 29.1 —
young market, strong street food demand.
College-Educated: 8.2% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 53204.
6
Home Health Agencies
1.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,060
2BR Fair Market Rent
$964
Median Gross Rent
$110 K
Median Home Value
9
Bank Branches
$390 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.
- Median income sits at $43,645. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 6
- Bank Branches
- 9
vs. National Average
Median Income
-41% vs. $74,580
Walkability
+4.7 pts vs. national avg
Nearby Markets
53233
1.4 mi
Pop: 14,412
$20,306
Walk: 15.8
53203
1.6 mi
Pop: 2,077
$84,005
53215
1.8 mi
Pop: 58,375
$49,207
Walk: 14.3
53205
2.5 mi
Pop: 9,091
$30,300
Walk: 15.8
53202
3.2 mi
Pop: 26,269
$68,482
Walk: 16.3
53208
3.4 mi
Pop: 27,407
$50,585
Walk: 13.8
53295
3.5 mi
Pop: 121
Walk: 16.5
53207
3.5 mi
Pop: 34,536
$79,576
Walk: 13.8
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