Nursing Care Facilities Market: ZIP 76640
Opportunity Score
54
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 76640 is an urban area. with a population of 2,958 and household incomes near the national median ($61,458).
Area Profile
2,958
Population
$61,458
Median Income
-18% vs. national
Urban
Area Type
Median Age: 36.4 —
mixed-age market, broad menu appeal.
College-Educated: 11.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,210
2BR Fair Market Rent
$965
Median Gross Rent
$180 K
Median Home Value
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
vs. National Average
Median Income
-18% vs. $74,580
Nearby Markets
76654
4.7 mi
Pop: 168
$72,917
76705
4.9 mi
Pop: 31,750
$54,881
Walk: 5.8
76691
5.3 mi
Pop: 6,288
$72,632
Walk: 5.9
76624
8.5 mi
Pop: 2,679
$82,934
76704
9.1 mi
Pop: 7,387
$24,208
Walk: 10.1
76798
10.9 mi
Pop: 2,903
Walk: 7.8
76708
10.9 mi
Pop: 27,679
$66,764
Walk: 6.9
76701
10.9 mi
Pop: 1,732
$24,593
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