ElderCareCost
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Home ZIP 76102

Nursing Care Facilities Market: ZIP 76102

Opportunity Score
68 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 76102 is an urban area. with a population of 11,783 and household incomes near the national median ($74,293). There are 14 nursing care facilities operations in ZIP 76102.

Area Profile

11,783
Population
$74,293
Median Income
+0% vs. national
Urban
Area Type
Median Age: 36.8 — mixed-age market, broad menu appeal.
College-Educated: 29.2% — balanced market for quality & value.

Competition

Nursing Care Facilities and related businesses in ZIP 76102.

14
Nursing Care Facilities
Moderate — proven market
11.9 per 10K residents
11
Home Health Agencies
9.3 per 10K residents
What this means: Nursing Care Facilities are 56.0% of the relevant market in ZIP 76102 (14 vs. 11 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
$1,661
Median Gross Rent
$340 K
Median Home Value
33
Bank Branches
$13 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.

Data sources

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