Nursing Care Facilities Market: ZIP 53405
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 53405 is an urban area with moderate foot traffic. with a population of 27,843 and household incomes near the national median ($68,339).
Area Profile
27,843
Population
$68,339
Median Income
-8% vs. national
Urban
Area Type
13.3/20
Foot Traffic
Walkable
Median Age: 36.6 —
mixed-age market, broad menu appeal.
College-Educated: 17.1% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 53405.
3
Home Health Agencies
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,150
2BR Fair Market Rent
$946
Median Gross Rent
$170 K
Median Home Value
3
Bank Branches
$240 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
- Foot Traffic
- Walkable
- Related Businesses
- 3
- Bank Branches
- 3
vs. National Average
Median Income
-8% vs. $74,580
Walkability
+2.8 pts vs. national avg
Nearby Markets
53406
2.5 mi
Pop: 25,564
$78,427
Walk: 9.8
53404
2.5 mi
Pop: 12,438
$47,714
Walk: 15.7
53403
3.1 mi
Pop: 26,696
$58,274
Walk: 11.0
53402
4.8 mi
Pop: 35,272
$74,125
Walk: 9.9
53177
7.4 mi
Pop: 8,190
$77,409
53140
7.4 mi
Pop: 30,325
$56,803
Walk: 10.8
53144
9.6 mi
Pop: 26,539
$71,111
Walk: 8.9
53108
9.9 mi
Pop: 2,973
$79,398
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