ElderCareCost
Showing results for ZIP 35586 (AL)
Home ZIP 76063

Nursing Care Facilities Market: ZIP 76063

Opportunity Score
62 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 76063 is an urban area with low foot traffic. with a population of 81,758 and household incomes well above the national median ($113,177). There are 5 nursing care facilities operations in ZIP 76063.

Area Profile

81,758
Population
$113,177
Median Income
+52% vs. national
Urban
Area Type
7.5/20
Foot Traffic
Car-Dependent
Median Age: 36.8 — mixed-age market, broad menu appeal.
College-Educated: 26.0% — balanced market for quality & value.

Competition

Nursing Care Facilities and related businesses in ZIP 76063.

5
Nursing Care Facilities
Low competition — room to establish
0.6 per 10K residents
16
Home Health Agencies
2.0 per 10K residents
What this means: Nursing Care Facilities are 23.8% of the relevant market in ZIP 76063 (5 vs. 16 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,080
2BR Fair Market Rent
$1,762
Median Gross Rent
$380 K
Median Home Value
18
Bank Branches
$2 M 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.
  • The median income here is $113,177. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Nursing Care Facilities
5
Related Businesses
16
Bank Branches
18

vs. National Average

Median Income
+52% vs. $74,580
Walkability
-3.0 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