ElderCareCost
Showing results for ZIP 48346 (MI)
Home ZIP 78258

Nursing Care Facilities Market: ZIP 78258

Opportunity Score
67 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 78258 is an urban area with low foot traffic. with a population of 51,672 and household incomes well above the national median ($116,133). There are 6 nursing care facilities operations in ZIP 78258.

Area Profile

51,672
Population
$116,133
Median Income
+56% vs. national
Urban
Area Type
9.3/20
Foot Traffic
Very Car-Dependent
Median Age: 36.8 — mixed-age market, broad menu appeal.
College-Educated: 40.0% — strong appetite for artisan/specialty food.

Competition

Nursing Care Facilities and related businesses in ZIP 78258.

6
Nursing Care Facilities
Moderate — proven market
1.2 per 10K residents

Operating Costs

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

$1,930
2BR Fair Market Rent
$1,720
Median Gross Rent
$450 K
Median Home Value
21
Bank Branches
$2.7 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 $116,133. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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