Nursing Care Facilities Market: ZIP 70769
Opportunity Score
98
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70769 is an urban area. with a population of 48,074 and household incomes well above the national median ($114,707).
Area Profile
48,074
Population
$114,707
Median Income
+54% vs. national
Urban
Area Type
Median Age: 34.0 —
mixed-age market, broad menu appeal.
College-Educated: 22.1% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 70769.
3
Home Health Agencies
0.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,380
2BR Fair Market Rent
$1,245
Median Gross Rent
$300 K
Median Home Value
5
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.
- The median income here is $114,707. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
- Bank Branches
- 5
vs. National Average
Median Income
+54% vs. $74,580
Nearby Markets
70817
5.4 mi
Pop: 33,237
$102,878
Walk: 6.9
70737
5.7 mi
Pop: 47,971
$80,758
Walk: 5.3
70734
8.0 mi
Pop: 9,880
$124,059
70726
9.1 mi
Pop: 61,965
$77,129
Walk: 8.0
70733
9.8 mi
Pop: 1,497
$69,219
70816
10.2 mi
Pop: 45,207
$65,894
Walk: 7.5
70809
10.8 mi
Pop: 25,649
$81,310
Walk: 7.7
70810
10.9 mi
Pop: 42,585
$93,712
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