Nursing Care Facilities Market: ZIP 75561
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 75561 is an urban area. with a population of 4,954 and household incomes near the national median ($58,025).
Area Profile
4,954
Population
$58,025
Median Income
-22% vs. national
Urban
Area Type
Median Age: 39.1 —
mixed-age market, broad menu appeal.
College-Educated: 13.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,020
2BR Fair Market Rent
$977
Median Gross Rent
$130 K
Median Home Value
1
Bank Branches
$16 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
-22% vs. $74,580
Nearby Markets
75503
10.0 mi
Pop: 27,207
$67,733
Walk: 10.1
75570
11.4 mi
Pop: 11,047
$66,003
Walk: 5.4
75569
12.1 mi
Pop: 3,601
$38,750
75573
12.2 mi
Pop: 246
$67,188
Walk: 5.4
71822
14.0 mi
Pop: 7,830
$49,851
75501
14.0 mi
Pop: 34,656
$46,782
Walk: 8.8
75567
14.1 mi
Pop: 3,762
$65,000
71836
15.6 mi
Pop: 3,327
$54,192
Walk: 3.8
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