Nursing Care Facilities Market: ZIP 75163
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 75163 is an suburban area. with a population of 2,569 and household incomes near the national median ($57,989).
Area Profile
2,569
Population
$57,989
Median Income
-22% vs. national
Suburban
Area Type
Median Age: 57.8 —
older demographic, may prefer sit-down options.
College-Educated: 11.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$980
2BR Fair Market Rent
$950
Median Gross Rent
$190 K
Median Home Value
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
- Suburban
vs. National Average
Median Income
-22% vs. $74,580
Nearby Markets
75148
7.0 mi
Pop: 5,944
$59,923
Walk: 5.8
75144
7.4 mi
Pop: 3,798
$62,528
75156
7.7 mi
Pop: 15,742
$59,303
Walk: 5.8
75124
14.6 mi
Pop: 5,799
$79,162
75751
15.2 mi
Pop: 18,377
$71,524
Walk: 4.1
75143
16.2 mi
Pop: 14,676
$68,996
Walk: 5.6
75153
16.6 mi
Pop: 530
$84,650
Walk: 5.2
75109
17.7 mi
Pop: 5,115
$85,009
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