ElderCareCost
Home ZIP 76854

Nursing Care Facilities Market: ZIP 76854

Opportunity Score
46 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 76854 is an rural area. with a population of 483 and household incomes well above the national median ($101,500).

Area Profile

483
Population
$101,500
Median Income
+36% vs. national
Rural
Area Type
Median Age: 63.4 — older demographic, may prefer sit-down options.
College-Educated: 15.1% — value-focused market, keep prices competitive.

Operating Costs

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

$1,010
2BR Fair Market Rent
$560 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.
  • The median income here is $101,500. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Rural

vs. National Average

Median Income
+36% vs. $74,580

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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