ElderCareCost
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Home ZIP 77060

Nursing Care Facilities Market: ZIP 77060

Opportunity Score
53 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 77060 is an urban area with moderate foot traffic. with a population of 44,920 and household incomes below the national median ($37,843).

Area Profile

44,920
Population
$37,843
Median Income
-49% vs. national
Urban
Area Type
10.5/20
Foot Traffic
Walkable
Median Age: 28.3 — young market, strong street food demand.
College-Educated: 3.9% — value-focused market, keep prices competitive.

Competition

Nursing Care Facilities and related businesses in ZIP 77060.

15
Home Health Agencies
3.3 per 10K residents

Operating Costs

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

$1,280
2BR Fair Market Rent
$1,024
Median Gross Rent
$140 K
Median Home Value
7
Bank Branches
$1.2 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.
  • Median income sits at $37,843. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

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