Nursing Care Facilities Market: ZIP 78402
Opportunity Score
16
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 78402 is an urban area. with a population of 392 and household incomes near the national median ($53,102).
Area Profile
392
Population
$53,102
Median Income
-29% vs. national
Urban
Area Type
Median Age: 37.8 —
mixed-age market, broad menu appeal.
College-Educated: 38.3% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,500
2BR Fair Market Rent
$200 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
-29% vs. $74,580
Nearby Markets
78407
3.1 mi
Pop: 1,937
$53,909
78408
3.6 mi
Pop: 9,631
$43,096
Walk: 16.5
78401
4.7 mi
Pop: 4,668
$37,796
78409
5.1 mi
Pop: 2,504
$62,813
Walk: 8.9
78405
5.4 mi
Pop: 14,442
$37,188
Walk: 15.2
78404
6.4 mi
Pop: 13,607
$60,264
Walk: 15.1
78416
7.1 mi
Pop: 13,116
$44,726
Walk: 13.9
78406
7.6 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