Nursing Care Facilities Market: ZIP 78642
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 78642 is an urban area. with a population of 24,146 and household incomes well above the national median ($128,086).
Area Profile
24,146
Population
$128,086
Median Income
+72% vs. national
Urban
Area Type
Median Age: 36.8 —
mixed-age market, broad menu appeal.
College-Educated: 28.3% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,740
2BR Fair Market Rent
$1,475
Median Gross Rent
$490 K
Median Home Value
5
Bank Branches
$250 K 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.
- The median income here is $128,086. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 5
vs. National Average
Median Income
+72% vs. $74,580
Nearby Markets
78605
9.0 mi
Pop: 7,632
$81,833
78641
9.7 mi
Pop: 93,399
$131,421
Walk: 7.0
78628
11.3 mi
Pop: 44,821
$117,198
Walk: 7.2
78633
13.0 mi
Pop: 28,877
$99,967
Walk: 5.6
76527
13.9 mi
Pop: 4,686
$83,533
78613
15.4 mi
Pop: 89,162
$120,829
Walk: 7.8
78681
18.7 mi
Pop: 58,531
$136,215
Walk: 8.3
78717
19.1 mi
Pop: 36,085
$140,483
Walk: 7.7
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