Nursing Care Facilities Market: ZIP 77016
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 77016 is an urban area with moderate foot traffic. with a population of 29,480 and household incomes below the national median ($46,411).
Area Profile
29,480
Population
$46,411
Median Income
-38% vs. national
Urban
Area Type
11.5/20
Foot Traffic
Walkable
Median Age: 37.4 —
mixed-age market, broad menu appeal.
College-Educated: 6.8% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 77016.
3
Home Health Agencies
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,270
2BR Fair Market Rent
$1,163
Median Gross Rent
$110 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
- Foot Traffic
- Walkable
- Related Businesses
- 3
vs. National Average
Median Income
-38% vs. $74,580
Walkability
+1.0 pts vs. national avg
Nearby Markets
77028
2.7 mi
Pop: 18,379
$36,244
Walk: 12.0
77093
3.0 mi
Pop: 46,091
$41,958
Walk: 11.6
77050
3.4 mi
Pop: 5,854
$30,346
Walk: 7.9
77078
3.7 mi
Pop: 14,705
$38,838
Walk: 10.3
77026
4.8 mi
Pop: 20,536
$34,835
Walk: 13.7
77039
4.8 mi
Pop: 28,335
$44,567
Walk: 9.1
77076
5.8 mi
Pop: 32,641
$39,895
Walk: 13.7
77022
6.0 mi
Pop: 26,135
$48,386
Walk: 14.1
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