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Showing results for ZIP 74063 (OK)
Home ZIP 78681

Nursing Care Facilities Market: ZIP 78681

Opportunity Score
63 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 78681 is an urban area with low foot traffic. with a population of 58,531 and household incomes well above the national median ($136,215). There are 3 nursing care facilities operations in ZIP 78681.

Area Profile

58,531
Population
$136,215
Median Income
+83% vs. national
Urban
Area Type
8.3/20
Foot Traffic
Car-Dependent
Median Age: 39.0 — mixed-age market, broad menu appeal.
College-Educated: 36.9% — balanced market for quality & value.

Competition

Nursing Care Facilities and related businesses in ZIP 78681.

3
Nursing Care Facilities
Low competition — room to establish
0.5 per 10K residents
8
Home Health Agencies
1.4 per 10K residents
What this means: Nursing Care Facilities are 27.3% of the relevant market in ZIP 78681 (3 vs. 8 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,180
2BR Fair Market Rent
$1,848
Median Gross Rent
$460 K
Median Home Value
14
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.
  • The median income here is $136,215. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Nursing Care Facilities
3
Related Businesses
8
Bank Branches
14

vs. National Average

Median Income
+83% vs. $74,580
Walkability
-2.2 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits