Nursing Care Facilities Market: ZIP 78401
Opportunity Score
54
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 78401 is an urban area. with a population of 4,668 and household incomes below the national median ($37,796).
Area Profile
4,668
Population
$37,796
Median Income
-49% vs. national
Urban
Area Type
Median Age: 47.5 —
older demographic, may prefer sit-down options.
College-Educated: 12.6% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 78401.
6
Home Health Agencies
12.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
$930
Median Gross Rent
$76 K
Median Home Value
11
Bank Branches
$1.8 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.
- Median income sits at $37,796. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 6
- Bank Branches
- 11
vs. National Average
Median Income
-49% vs. $74,580
Nearby Markets
78404
2.0 mi
Pop: 13,607
$60,264
Walk: 15.1
78408
3.1 mi
Pop: 9,631
$43,096
Walk: 16.5
78405
3.2 mi
Pop: 14,442
$37,188
Walk: 15.2
78407
3.4 mi
Pop: 1,937
$53,909
78416
4.2 mi
Pop: 13,116
$44,726
Walk: 13.9
78402
4.7 mi
Pop: 392
$53,102
78411
4.8 mi
Pop: 24,061
$60,387
Walk: 14.0
78417
6.3 mi
Pop: 4,462
$53,941
Walk: 8.3
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