Nursing Care Facilities Market: ZIP 55125
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55125 is an urban area with moderate foot traffic. with a population of 44,929 and household incomes well above the national median ($118,129).
Area Profile
44,929
Population
$118,129
Median Income
+58% vs. national
Urban
Area Type
10.3/20
Foot Traffic
Walkable
Median Age: 38.8 —
mixed-age market, broad menu appeal.
College-Educated: 39.7% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 55125.
7
Home Health Agencies
1.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,180
2BR Fair Market Rent
$1,805
Median Gross Rent
$400 K
Median Home Value
14
Bank Branches
$2 M deposits
Tips for Starting a Elder Care Business in Minnesota
- 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.
- The median income here is $118,129. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 7
- Bank Branches
- 14
vs. National Average
Median Income
+58% vs. $74,580
Walkability
-0.2 pts vs. national avg
Nearby Markets
55129
3.9 mi
Pop: 32,016
$152,500
55119
4.9 mi
Pop: 44,068
$77,870
Walk: 11.7
55128
5.1 mi
Pop: 28,945
$89,642
Walk: 10.2
55055
5.1 mi
Pop: 4,460
$63,365
Walk: 7.9
55042
5.8 mi
Pop: 13,156
$154,779
Walk: 7.1
55016
7.0 mi
Pop: 39,925
$121,295
Walk: 7.8
55075
7.4 mi
Pop: 20,651
$84,573
Walk: 13.4
55071
7.9 mi
Pop: 5,807
$98,945
Walk: 6.6
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