Nursing Care Facilities Market: ZIP 53216
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 53216 is an urban area with moderate foot traffic. with a population of 29,772 and household incomes below the national median ($43,466).
Area Profile
29,772
Population
$43,466
Median Income
-42% vs. national
Urban
Area Type
13.9/20
Foot Traffic
Walkable
Median Age: 33.7 —
mixed-age market, broad menu appeal.
College-Educated: 10.9% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 53216.
6
Home Health Agencies
2.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,100
2BR Fair Market Rent
$970
Median Gross Rent
$120 K
Median Home Value
5
Bank Branches
$170 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 $43,466. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 6
- Bank Branches
- 5
vs. National Average
Median Income
-42% vs. $74,580
Walkability
+3.4 pts vs. national avg
Nearby Markets
53210
1.2 mi
Pop: 24,605
$45,268
Walk: 14.0
53218
2.2 mi
Pop: 40,581
$42,207
Walk: 13.2
53208
3.0 mi
Pop: 27,407
$50,585
Walk: 13.8
53206
3.1 mi
Pop: 20,219
$28,995
Walk: 14.6
53213
3.1 mi
Pop: 26,293
$94,144
Walk: 15.3
53209
3.4 mi
Pop: 44,963
$45,288
Walk: 13.2
53205
3.7 mi
Pop: 9,091
$30,300
Walk: 15.8
53222
4.1 mi
Pop: 24,400
$73,523
Walk: 14.6
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