Nursing Care Facilities Market: ZIP 78624
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 78624 is an suburban area with low foot traffic. with a population of 23,610 and household incomes near the national median ($67,987). There are 3 nursing care facilities operations in ZIP 78624.
Area Profile
23,610
Population
$67,987
Median Income
-9% vs. national
Suburban
Area Type
6.8/20
Foot Traffic
Car-Dependent
Median Age: 51.1 —
older demographic, may prefer sit-down options.
College-Educated: 27.6% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 78624.
3
Nursing Care Facilities
Low competition — room to establish
1.3 per 10K residents
8
Home Health Agencies
3.4 per 10K residents
What this means:
Nursing Care Facilities are 27.3% of the relevant market in ZIP 78624 (3 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,510
2BR Fair Market Rent
$1,347
Median Gross Rent
$440 K
Median Home Value
15
Bank Branches
$1.5 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.
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Car-Dependent
- Nursing Care Facilities
- 3
- Related Businesses
- 8
- Bank Branches
- 15
vs. National Average
Median Income
-9% vs. $74,580
Walkability
-3.7 pts vs. national avg
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