ElderCareCost
Showing results for ZIP 58236 (ND)
Home ZIP 77381

Nursing Care Facilities Market: ZIP 77381

Opportunity Score
63 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 77381 is an urban area with low foot traffic. with a population of 35,184 and household incomes well above the national median ($142,210). There are 4 nursing care facilities operations in ZIP 77381.

Area Profile

35,184
Population
$142,210
Median Income
+91% vs. national
Urban
Area Type
7.1/20
Foot Traffic
Car-Dependent
Median Age: 44.5 — older demographic, may prefer sit-down options.
College-Educated: 43.0% — strong appetite for artisan/specialty food.

Competition

Nursing Care Facilities and related businesses in ZIP 77381.

4
Nursing Care Facilities
Low competition — room to establish
1.1 per 10K residents
3
Home Health Agencies
0.9 per 10K residents
What this means: Nursing Care Facilities are 57.1% of the relevant market in ZIP 77381 (4 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,040
2BR Fair Market Rent
$1,699
Median Gross Rent
$450 K
Median Home Value
14
Bank Branches
$2.3 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.
  • The median income here is $142,210. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Nursing Care Facilities
4
Related Businesses
3
Bank Branches
14

vs. National Average

Median Income
+91% vs. $74,580
Walkability
-3.4 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

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