Nursing Care Facilities Market: ZIP 77073
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 77073 is an urban area. with a population of 43,684 and household incomes near the national median ($72,271).
Area Profile
43,684
Population
$72,271
Median Income
-3% vs. national
Urban
Area Type
Median Age: 31.4 —
mixed-age market, broad menu appeal.
College-Educated: 8.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,450
2BR Fair Market Rent
$1,330
Median Gross Rent
$210 K
Median Home Value
3
Bank Branches
$190 K 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
- 3
vs. National Average
Median Income
-3% vs. $74,580
Nearby Markets
77090
2.8 mi
Pop: 41,843
$48,196
Walk: 9.8
77032
3.9 mi
Pop: 13,536
$36,731
77373
4.4 mi
Pop: 68,273
$86,693
Walk: 6.3
77060
4.5 mi
Pop: 44,920
$37,843
Walk: 10.5
77067
4.6 mi
Pop: 31,800
$51,278
Walk: 10.8
77014
4.6 mi
Pop: 36,314
$54,456
77068
6.1 mi
Pop: 12,289
$85,873
Walk: 9.3
77388
6.2 mi
Pop: 52,910
$101,588
Walk: 8.4
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