Nursing Care Facilities Market: ZIP 76050
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 76050 is an urban area. with a population of 7,178 and household incomes above the national median ($92,949).
Area Profile
7,178
Population
$92,949
Median Income
+25% vs. national
Urban
Area Type
Median Age: 44.1 —
older demographic, may prefer sit-down options.
College-Educated: 11.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,500
2BR Fair Market Rent
$1,147
Median Gross Rent
$260 K
Median Home Value
1
Bank Branches
$120 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
+25% vs. $74,580
Nearby Markets
76055
7.4 mi
Pop: 3,719
$77,627
76064
8.7 mi
Pop: 2,803
$70,326
76009
10.8 mi
Pop: 21,130
$73,696
76636
11.4 mi
Pop: 1,678
$68,750
76084
12.3 mi
Pop: 13,645
$100,174
Walk: 4.8
76031
13.1 mi
Pop: 18,697
$70,672
Walk: 7.3
76670
14.6 mi
Pop: 1,921
$59,620
Walk: 5.7
76059
14.9 mi
Pop: 5,333
$50,000
Walk: 6.3
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