Nursing Care Facilities Market: ZIP 77303
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 77303 is an urban area. with a population of 26,324 and household incomes near the national median ($72,827).
Area Profile
26,324
Population
$72,827
Median Income
-2% vs. national
Urban
Area Type
Median Age: 33.0 —
mixed-age market, broad menu appeal.
College-Educated: 8.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,400
2BR Fair Market Rent
$1,157
Median Gross Rent
$230 K
Median Home Value
2
Bank Branches
$130 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
- 2
vs. National Average
Median Income
-2% vs. $74,580
Nearby Markets
77301
6.1 mi
Pop: 36,835
$64,885
77378
6.9 mi
Pop: 17,576
$68,595
77306
7.8 mi
Pop: 17,695
$76,411
77304
10.2 mi
Pop: 42,277
$78,574
Walk: 9.0
77302
11.0 mi
Pop: 19,787
$81,886
Walk: 6.9
77358
12.3 mi
Pop: 5,565
$79,018
Walk: 4.5
77318
12.9 mi
Pop: 19,820
$90,246
77328
12.9 mi
Pop: 17,816
$57,725
Walk: 6.9
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