Nursing Care Facilities Market: ZIP 53508
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 53508 is an urban area. with a population of 5,711 and household incomes above the national median ($95,577).
Area Profile
5,711
Population
$95,577
Median Income
+28% vs. national
Urban
Area Type
Median Age: 42.3 —
older demographic, may prefer sit-down options.
College-Educated: 25.8% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,240
2BR Fair Market Rent
$1,002
Median Gross Rent
$330 K
Median Home Value
2
Bank Branches
$110 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
+28% vs. $74,580
Nearby Markets
53574
6.2 mi
Pop: 4,120
$103,246
Walk: 5.7
53593
8.2 mi
Pop: 29,479
$135,699
Walk: 6.1
53570
9.8 mi
Pop: 2,696
$83,143
Walk: 4.7
53521
12.2 mi
Pop: 3,688
$101,731
53502
13.3 mi
Pop: 2,420
$87,768
53719
13.4 mi
Pop: 33,688
$92,223
Walk: 12.1
53572
13.7 mi
Pop: 10,441
$104,604
Walk: 7.5
53575
13.8 mi
Pop: 17,790
$110,388
Walk: 7.6
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