Nursing Care Facilities Market: ZIP 78002
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 78002 is an urban area. with a population of 7,482 and household incomes near the national median ($64,082).
Area Profile
7,482
Population
$64,082
Median Income
-14% vs. national
Urban
Area Type
Median Age: 31.7 —
mixed-age market, broad menu appeal.
College-Educated: 7.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,360
2BR Fair Market Rent
$1,246
Median Gross Rent
$170 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
vs. National Average
Median Income
-14% vs. $74,580
Nearby Markets
78252
4.8 mi
Pop: 18,256
$79,635
Walk: 5.5
78052
5.7 mi
Pop: 6,221
$69,018
78039
7.0 mi
Pop: 2,311
$74,013
78245
7.6 mi
Pop: 91,388
$87,890
Walk: 8.7
78069
8.0 mi
Pop: 6,904
$71,071
78073
8.4 mi
Pop: 9,510
$65,342
Walk: 5.6
78059
9.6 mi
Pop: 6,139
$72,254
Walk: 5.0
78227
10.0 mi
Pop: 44,091
$48,049
Walk: 12.5
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