Nursing Care Facilities Market: ZIP 76023
Opportunity Score
78
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 76023 is an urban area. with a population of 7,192 and household incomes above the national median ($80,927).
Area Profile
7,192
Population
$80,927
Median Income
+9% vs. national
Urban
Area Type
Median Age: 40.0 —
older demographic, may prefer sit-down options.
College-Educated: 12.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,250
2BR Fair Market Rent
$1,091
Median Gross Rent
$280 K
Median Home Value
1
Bank Branches
$69 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
+9% vs. $74,580
Nearby Markets
76071
8.7 mi
Pop: 4,723
$102,654
76073
9.3 mi
Pop: 7,267
$110,224
76078
9.9 mi
Pop: 10,200
$94,379
Walk: 4.5
76020
10.1 mi
Pop: 32,866
$91,000
Walk: 5.1
76082
10.7 mi
Pop: 24,338
$93,553
Walk: 6.6
76085
14.1 mi
Pop: 11,083
$102,014
Walk: 3.6
76179
14.5 mi
Pop: 76,468
$108,428
Walk: 7.2
76052
16.2 mi
Pop: 31,569
$144,812
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