Nursing Care Facilities Market: ZIP 64166
Opportunity Score
54
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 64166 is an urban area. with a population of 273 and household incomes well above the national median ($148,636).
Area Profile
273
Population
$148,636
Median Income
+99% vs. national
Urban
Area Type
Median Age: 56.0 —
older demographic, may prefer sit-down options.
College-Educated: 31.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,420
2BR Fair Market Rent
$430 K
Median Home Value
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 $148,636. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+99% vs. $74,580
Nearby Markets
64167
2.8 mi
Pop: 267
$199,338
64156
3.4 mi
Pop: 7,977
$128,672
Walk: 5.2
64165
3.8 mi
Pop: 223
$166,576
64155
4.2 mi
Pop: 28,754
$96,909
Walk: 8.1
64157
4.8 mi
Pop: 22,429
$137,681
Walk: 9.7
64089
5.5 mi
Pop: 14,060
$101,063
Walk: 8.1
64158
6.7 mi
Pop: 7,267
$95,781
Walk: 8.5
64164
7.2 mi
Pop: 195
$154,554
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