Nursing Care Facilities Market: ZIP 59716
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 59716 is an rural area. with a population of 1,867 and household incomes well above the national median ($135,396).
Area Profile
1,867
Population
$135,396
Median Income
+82% vs. national
Rural
Area Type
Median Age: 37.9 —
mixed-age market, broad menu appeal.
College-Educated: 46.4% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,980
2BR Fair Market Rent
$1,705
Median Gross Rent
$870 K
Median Home Value
2
Bank Branches
$250 K 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.
- The median income here is $135,396. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Rural
- Bank Branches
- 2
vs. National Average
Median Income
+82% vs. $74,580
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