Nursing Care Facilities Market: ZIP 53706
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 53706 is an urban area. with a population of 3,801 and household incomes below the national median ($2,499).
Area Profile
3,801
Population
$2,499
Median Income
-97% vs. national
Urban
Area Type
Median Age: 18.9 —
young market, strong street food demand.
College-Educated: 0.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,710
2BR Fair Market Rent
$900
Median Gross Rent
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 $2,499. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-97% vs. $74,580
Nearby Markets
53726
0.9 mi
Pop: 5,043
$39,779
Walk: 15.9
53792
1.4 mi
Pop: 0
Walk: 13.8
53715
2.0 mi
Pop: 15,499
$37,598
Walk: 15.7
53703
2.2 mi
Pop: 37,467
$46,618
Walk: 15.7
53713
2.9 mi
Pop: 23,744
$57,833
Walk: 13.8
53705
3.5 mi
Pop: 25,045
$82,315
Walk: 14.7
53711
4.4 mi
Pop: 50,474
$101,236
Walk: 10.9
53704
6.0 mi
Pop: 47,136
$75,007
Walk: 13.4
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