Nursing Care Facilities Market: ZIP 58477
Opportunity Score
30
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 58477 is an urban area. with a population of 143 and household incomes above the national median ($81,528).
Area Profile
143
Population
$81,528
Median Income
+9% vs. national
Urban
Area Type
Median Age: 23.2 —
young market, strong street food demand.
College-Educated: 11.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,030
2BR Fair Market Rent
$160 K
Median Home Value
Tips for Starting a Elder Care Business in North Dakota
- 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
vs. National Average
Median Income
+9% vs. $74,580
Nearby Markets
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