Nursing Care Facilities Market: ZIP 55416
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55416 is an urban area with moderate foot traffic. with a population of 34,905 and household incomes well above the national median ($105,926). There are 4 nursing care facilities operations in ZIP 55416.
Area Profile
34,905
Population
$105,926
Median Income
+42% vs. national
Urban
Area Type
15.0/20
Foot Traffic
Very Car-Dependent
Median Age: 35.8 —
mixed-age market, broad menu appeal.
College-Educated: 55.5% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 55416.
4
Nursing Care Facilities
Low competition — room to establish
1.1 per 10K residents
12
Home Health Agencies
3.4 per 10K residents
What this means:
Nursing Care Facilities are 25.0% of the relevant market in ZIP 55416 (4 vs. 12 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,070
2BR Fair Market Rent
$1,701
Median Gross Rent
$460 K
Median Home Value
13
Bank Branches
$8.7 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Nursing Care Facilities
- 4
- Related Businesses
- 12
- Bank Branches
- 13
vs. National Average
Median Income
+42% vs. $74,580
Walkability
+4.5 pts vs. national avg
Nearby Markets
55426
2.8 mi
Pop: 25,451
$96,887
Walk: 13.5
55410
3.0 mi
Pop: 20,361
$144,973
Walk: 14.4
55424
3.1 mi
Pop: 10,373
$241,875
Walk: 12.3
55405
3.1 mi
Pop: 16,915
$70,425
Walk: 14.0
55408
3.3 mi
Pop: 32,534
$72,421
Walk: 15.6
55436
3.7 mi
Pop: 14,573
$132,487
Walk: 9.1
55422
4.1 mi
Pop: 28,765
$91,173
Walk: 12.8
55403
4.2 mi
Pop: 17,354
$59,928
Walk: 16.4
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