Nursing Care Facilities Market: ZIP 53940
Opportunity Score
0
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 53940 is an rural area.
Area Profile
0
Population
Rural
Area Type
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,080
2BR Fair Market Rent
1
Bank Branches
$54 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Bank Branches
- 1
Nearby Markets
53965
6.4 mi
Pop: 11,197
$65,237
Walk: 4.6
53913
8.2 mi
Pop: 21,342
$73,856
Walk: 8.7
53944
11.5 mi
Pop: 2,299
$71,758
53961
13.6 mi
Pop: 838
$80,625
Walk: 3.8
53920
14.2 mi
Pop: 544
$74,250
53959
14.6 mi
Pop: 14,391
$76,313
Walk: 6.3
53951
15.1 mi
Pop: 2,571
$70,729
Walk: 4.0
53561
16.5 mi
Pop: 1,954
$95,694
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