Nursing Care Facilities Market: ZIP 75650
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 75650 is an urban area with low foot traffic. with a population of 10,233 and household incomes above the national median ($86,540).
Area Profile
10,233
Population
$86,540
Median Income
+16% vs. national
Urban
Area Type
4.6/20
Foot Traffic
Very Car-Dependent
Median Age: 37.4 —
mixed-age market, broad menu appeal.
College-Educated: 19.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,360
2BR Fair Market Rent
$1,160
Median Gross Rent
$190 K
Median Home Value
2
Bank Branches
$58 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
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
+16% vs. $74,580
Walkability
-5.9 pts vs. national avg
Nearby Markets
75602
8.4 mi
Pop: 20,394
$56,659
Walk: 8.0
75641
9.1 mi
Pop: 77
$34,583
75670
9.3 mi
Pop: 18,549
$39,748
Walk: 6.8
75651
10.9 mi
Pop: 2,231
$59,535
75601
12.1 mi
Pop: 15,653
$63,279
Walk: 9.8
75605
12.2 mi
Pop: 34,584
$75,665
Walk: 8.6
75603
13.5 mi
Pop: 6,458
$67,067
Walk: 3.0
75691
13.9 mi
Pop: 4,673
$87,361
Walk: 4.3
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