ElderCareCost
Showing results for ZIP 60422 (IL)
Home ZIP 63017

Nursing Care Facilities Market: ZIP 63017

Opportunity Score
72 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 63017 is an urban area with low foot traffic. with a population of 43,074 and household incomes well above the national median ($128,750). There are 10 nursing care facilities operations in ZIP 63017.

Area Profile

43,074
Population
$128,750
Median Income
+73% vs. national
Urban
Area Type
9.2/20
Foot Traffic
Very Car-Dependent
Median Age: 47.6 — older demographic, may prefer sit-down options.
College-Educated: 51.7% — strong appetite for artisan/specialty food.

Competition

Nursing Care Facilities and related businesses in ZIP 63017.

10
Nursing Care Facilities
Moderate — proven market
2.3 per 10K residents
11
Home Health Agencies
2.6 per 10K residents
What this means: Nursing Care Facilities are 47.6% of the relevant market in ZIP 63017 (10 vs. 11 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,640
2BR Fair Market Rent
$1,632
Median Gross Rent
$450 K
Median Home Value
16
Bank Branches
$1.9 M deposits

Tips for Starting a Elder Care Business in Missouri

  • 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 $128,750. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Nursing Care Facilities
10
Related Businesses
11
Bank Branches
16

vs. National Average

Median Income
+73% vs. $74,580
Walkability
-1.3 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits