Nursing Care Facilities Market: ZIP 78407
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 78407 is an urban area. with a population of 1,937 and household incomes near the national median ($53,909).
Area Profile
1,937
Population
$53,909
Median Income
-28% vs. national
Urban
Area Type
Median Age: 39.6 —
mixed-age market, broad menu appeal.
College-Educated: 4.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,270
2BR Fair Market Rent
$1,054
Median Gross Rent
$130 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
-28% vs. $74,580
Nearby Markets
78408
0.6 mi
Pop: 9,631
$43,096
Walk: 16.5
78405
2.4 mi
Pop: 14,442
$37,188
Walk: 15.2
78402
3.1 mi
Pop: 392
$53,102
78401
3.4 mi
Pop: 4,668
$37,796
78416
4.1 mi
Pop: 13,116
$44,726
Walk: 13.9
78404
4.3 mi
Pop: 13,607
$60,264
Walk: 15.1
78409
4.5 mi
Pop: 2,504
$62,813
Walk: 8.9
78417
5.0 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