Nursing Care Facilities Market: ZIP 70394
Opportunity Score
53
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70394 is an urban area with low foot traffic. with a population of 13,683 and household incomes near the national median ($62,366).
Area Profile
13,683
Population
$62,366
Median Income
-16% vs. national
Urban
Area Type
4.8/20
Foot Traffic
Very Car-Dependent
Median Age: 44.3 —
older demographic, may prefer sit-down options.
College-Educated: 10.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,040
2BR Fair Market Rent
$825
Median Gross Rent
$180 K
Median Home Value
3
Bank Branches
$330 K deposits
Tips for Starting a Elder Care Business in Louisiana
- 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
- Very Car-Dependent
- Bank Branches
- 3
vs. National Average
Median Income
-16% vs. $74,580
Walkability
-5.8 pts vs. national avg
Nearby Markets
70375
5.8 mi
Pop: 158
$98,906
70364
5.9 mi
Pop: 28,990
$68,909
Walk: 7.3
70374
10.0 mi
Pop: 6,506
$69,896
Walk: 8.5
70343
10.8 mi
Pop: 5,271
$84,474
70359
11.2 mi
Pop: 9,472
$54,139
70301
12.2 mi
Pop: 48,820
$62,470
Walk: 7.0
70355
12.5 mi
Pop: 1,040
$43,854
70363
14.1 mi
Pop: 24,668
$44,828
Walk: 7.9
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