Nursing Care Facilities Market: ZIP 75114
Opportunity Score
82
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 75114 is an urban area. with a population of 7,664 and household incomes above the national median ($88,839).
Area Profile
7,664
Population
$88,839
Median Income
+19% vs. national
Urban
Area Type
Median Age: 33.4 —
mixed-age market, broad menu appeal.
College-Educated: 10.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,620
2BR Fair Market Rent
$1,652
Median Gross Rent
$280 K
Median Home Value
1
Bank Branches
$100 K 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+19% vs. $74,580
Nearby Markets
75159
6.8 mi
Pop: 22,993
$72,245
75126
8.7 mi
Pop: 77,116
$104,001
Walk: 7.3
75157
10.6 mi
Pop: 161
$81,250
75181
10.7 mi
Pop: 28,018
$107,266
75158
10.8 mi
Pop: 6,168
$97,303
Walk: 4.6
75253
12.1 mi
Pop: 23,822
$56,519
Walk: 7.9
75125
13.5 mi
Pop: 7,154
$73,929
75142
13.7 mi
Pop: 23,301
$78,301
Walk: 13.6
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