Nursing Care Facilities Market: ZIP 77002
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 77002 is an urban area. with a population of 19,616 and household incomes above the national median ($85,436).
Area Profile
19,616
Population
$85,436
Median Income
+15% vs. national
Urban
Area Type
Median Age: 35.7 —
mixed-age market, broad menu appeal.
College-Educated: 31.5% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,290
2BR Fair Market Rent
$1,860
Median Gross Rent
$290 K
Median Home Value
13
Bank Branches
$130 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 13
vs. National Average
Median Income
+15% vs. $74,580
Nearby Markets
77010
0.5 mi
Pop: 620
$183,681
77003
1.4 mi
Pop: 9,721
$88,837
Walk: 17.8
77006
2.1 mi
Pop: 23,927
$102,003
77004
2.2 mi
Pop: 35,866
$65,901
Walk: 14.8
77009
2.7 mi
Pop: 36,107
$81,921
Walk: 15.7
77204
2.9 mi
Pop: 4,056
Walk: 12.8
77007
3.2 mi
Pop: 45,337
$140,878
Walk: 15.3
77019
3.3 mi
Pop: 23,662
$108,353
Walk: 16.2
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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