Nursing Care Facilities Market: ZIP 75007
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 75007 is an urban area with moderate foot traffic. with a population of 55,050 and household incomes well above the national median ($109,692).
Area Profile
55,050
Population
$109,692
Median Income
+47% vs. national
Urban
Area Type
12.2/20
Foot Traffic
Walkable
Median Age: 40.1 —
older demographic, may prefer sit-down options.
College-Educated: 31.5% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 75007.
16
Home Health Agencies
2.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,940
2BR Fair Market Rent
$1,656
Median Gross Rent
$360 K
Median Home Value
12
Bank Branches
$1.1 M deposits
Tips for Starting a Elder Care Business in Texas
- 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 $109,692. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 16
- Bank Branches
- 12
vs. National Average
Median Income
+47% vs. $74,580
Walkability
+1.7 pts vs. national avg
Nearby Markets
75010
2.9 mi
Pop: 31,687
$105,386
Walk: 10.7
75006
3.0 mi
Pop: 47,648
$79,466
Walk: 12.2
75287
3.8 mi
Pop: 52,727
$62,538
Walk: 12.4
75056
4.9 mi
Pop: 67,978
$116,806
Walk: 8.6
75001
5.2 mi
Pop: 16,808
$82,577
Walk: 10.2
75234
5.6 mi
Pop: 32,998
$86,585
Walk: 13.7
75093
6.2 mi
Pop: 46,491
$121,226
Walk: 13.5
75057
6.2 mi
Pop: 16,836
$76,128
Walk: 6.2
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