Nursing Care Facilities Market: ZIP 70726
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70726 is an urban area with low foot traffic. with a population of 61,965 and household incomes above the national median ($77,129).
Area Profile
61,965
Population
$77,129
Median Income
+3% vs. national
Urban
Area Type
8.0/20
Foot Traffic
Car-Dependent
Median Age: 35.7 —
mixed-age market, broad menu appeal.
College-Educated: 15.8% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 70726.
4
Home Health Agencies
0.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,280
2BR Fair Market Rent
$1,180
Median Gross Rent
$220 K
Median Home Value
12
Bank Branches
$850 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
- Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 12
vs. National Average
Median Income
+3% vs. $74,580
Walkability
-2.5 pts vs. national avg
Nearby Markets
70817
6.7 mi
Pop: 33,237
$102,878
Walk: 6.9
70819
7.7 mi
Pop: 4,781
$77,150
Walk: 5.4
70816
8.7 mi
Pop: 45,207
$65,894
Walk: 7.5
70769
9.1 mi
Pop: 48,074
$114,707
70785
10.3 mi
Pop: 22,863
$84,551
Walk: 3.6
70754
10.6 mi
Pop: 12,153
$65,122
70786
10.9 mi
Pop: 0
70815
11.4 mi
Pop: 31,924
$55,804
Walk: 7.6
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