Nursing Care Facilities Market: ZIP 78701
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 78701 is an urban area. with a population of 11,114 and household incomes well above the national median ($154,867).
Area Profile
11,114
Population
$154,867
Median Income
+108% vs. national
Urban
Area Type
Median Age: 41.5 —
older demographic, may prefer sit-down options.
College-Educated: 74.6% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 78701.
6
Home Health Agencies
5.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,920
2BR Fair Market Rent
$2,732
Median Gross Rent
$650 K
Median Home Value
23
Bank Branches
$19 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 $154,867. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 6
- Bank Branches
- 23
vs. National Average
Median Income
+108% vs. $74,580
Nearby Markets
78712
1.1 mi
Pop: 206
Walk: 17.7
78705
1.7 mi
Pop: 32,937
$30,336
Walk: 15.8
78702
2.0 mi
Pop: 26,495
$101,304
Walk: 16.1
78703
2.3 mi
Pop: 22,484
$144,637
Walk: 14.1
78722
2.4 mi
Pop: 6,576
$101,034
Walk: 15.1
78704
2.5 mi
Pop: 50,479
$97,160
Walk: 14.3
78751
3.1 mi
Pop: 16,027
$81,657
Walk: 15.7
78741
3.5 mi
Pop: 45,274
$66,434
Walk: 12.2
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