Nursing Care Facilities Market: ZIP 59101
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 59101 is an urban area with low foot traffic. with a population of 41,797 and household incomes near the national median ($58,165).
Area Profile
41,797
Population
$58,165
Median Income
-22% vs. national
Urban
Area Type
8.4/20
Foot Traffic
Car-Dependent
Median Age: 36.5 —
mixed-age market, broad menu appeal.
College-Educated: 15.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,120
2BR Fair Market Rent
$930
Median Gross Rent
$240 K
Median Home Value
14
Bank Branches
$3.3 M deposits
Tips for Starting a Elder Care Business in Montana
- 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
- Foot Traffic
- Car-Dependent
- Bank Branches
- 14
vs. National Average
Median Income
-22% vs. $74,580
Walkability
-2.1 pts vs. national avg
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