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Home ZIP 75941

Nursing Care Facilities Market: ZIP 75941

Opportunity Score
53 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 75941 is an suburban area with low foot traffic. with a population of 8,712 and household incomes near the national median ($57,892).

Area Profile

8,712
Population
$57,892
Median Income
-22% vs. national
Suburban
Area Type
5.6/20
Foot Traffic
Very Car-Dependent
Median Age: 42.1 — older demographic, may prefer sit-down options.
College-Educated: 10.1% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$970
2BR Fair Market Rent
$722
Median Gross Rent
$94 K
Median Home Value
2
Bank Branches
$130 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
Suburban
Foot Traffic
Very Car-Dependent
Bank Branches
2

vs. National Average

Median Income
-22% vs. $74,580
Walkability
-4.9 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits