Nursing Care Facilities Market: ZIP 78347
Opportunity Score
4
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 78347 is an urban area.
Area Profile
112
Population
Urban
Area Type
Median Age: 36.3 —
mixed-age market, broad menu appeal.
College-Educated: 30.4% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,380
2BR Fair Market Rent
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
Nearby Markets
78415
5.9 mi
Pop: 41,869
$53,803
Walk: 12.8
78413
9.5 mi
Pop: 35,103
$71,624
Walk: 12.1
78414
10.0 mi
Pop: 51,435
$96,788
Walk: 8.8
78417
11.4 mi
Pop: 4,462
$53,941
Walk: 8.3
78416
12.6 mi
Pop: 13,116
$44,726
Walk: 13.9
78411
12.8 mi
Pop: 24,061
$60,387
Walk: 14.0
78412
13.3 mi
Pop: 39,728
$60,509
Walk: 13.0
78406
13.8 mi
Pop: 1,934
$51,646
Walk: 2.7
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