ElderCareCost
Showing results for ZIP 75763 (TX)
Home ZIP 67101

Nursing Care Facilities Market: ZIP 67101

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

Market Summary

ZIP 67101 is an urban area. with a population of 6,110 and household incomes near the national median ($68,444).

Area Profile

6,110
Population
$68,444
Median Income
-8% vs. national
Urban
Area Type
Median Age: 44.8 — older demographic, may prefer sit-down options.
College-Educated: 31.5% — balanced market for quality & value.

Operating Costs

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

$1,160
2BR Fair Market Rent
$1,343
Median Gross Rent
$280 K
Median Home Value
1
Bank Branches
$34 K deposits

Tips for Starting a Elder Care Business in Kansas

  • 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.

Data sources

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