Nursing Care Facilities Market: ZIP 75247
Opportunity Score
10
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 75247 is an urban area. with a population of 833 and household incomes below the national median ($20,274).
Area Profile
833
Population
$20,274
Median Income
-73% vs. national
Urban
Area Type
Median Age: 59.1 —
older demographic, may prefer sit-down options.
College-Educated: 9.1% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 75247.
27
Home Health Agencies
324.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,520
2BR Fair Market Rent
$1,218
Median Gross Rent
4
Bank Branches
$500 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.
- Median income sits at $20,274. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 27
- Bank Branches
- 4
vs. National Average
Median Income
-73% vs. $74,580
Nearby Markets
75212
2.2 mi
Pop: 28,010
$56,279
Walk: 13.0
75390
2.4 mi
Pop: 0
75235
2.4 mi
Pop: 19,067
$60,817
Walk: 16.9
75220
3.7 mi
Pop: 39,809
$57,787
Walk: 13.1
75209
4.3 mi
Pop: 14,359
$126,121
Walk: 13.8
75207
4.4 mi
Pop: 7,850
$84,149
75219
4.5 mi
Pop: 25,001
$92,541
Walk: 15.3
75208
4.9 mi
Pop: 29,310
$76,502
Walk: 14.5
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