Nursing Care Facilities Market: ZIP 75705
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 75705 is an urban area. with a population of 1,471 and household incomes above the national median ($77,943).
Area Profile
1,471
Population
$77,943
Median Income
+5% vs. national
Urban
Area Type
Median Age: 41.8 —
older demographic, may prefer sit-down options.
College-Educated: 3.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,300
2BR Fair Market Rent
$1,429
Median Gross Rent
$160 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
- Urban
vs. National Average
Median Income
+5% vs. $74,580
Nearby Markets
75792
6.8 mi
Pop: 3,934
$53,173
75750
7.4 mi
Pop: 3,246
$67,708
75707
8.1 mi
Pop: 16,355
$85,406
Walk: 8.1
75708
9.5 mi
Pop: 10,001
$81,500
Walk: 7.4
75682
11.6 mi
Pop: 713
$50,398
75684
11.8 mi
Pop: 7,655
$59,875
Walk: 4.8
75647
12.5 mi
Pop: 13,457
$61,356
Walk: 3.3
75662
14.0 mi
Pop: 24,570
$65,926
Walk: 7.5
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