ElderCareCost
Showing results for ZIP 68882 (NE)
Home ZIP 78717

Nursing Care Facilities Market: ZIP 78717

Opportunity Score
80 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 78717 is an urban area with low foot traffic. with a population of 36,085 and household incomes well above the national median ($140,483).

Area Profile

36,085
Population
$140,483
Median Income
+88% vs. national
Urban
Area Type
7.7/20
Foot Traffic
Car-Dependent
Median Age: 36.3 — mixed-age market, broad menu appeal.
College-Educated: 45.5% — strong appetite for artisan/specialty food.

Operating Costs

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

$2,080
2BR Fair Market Rent
$1,833
Median Gross Rent
$600 K
Median Home Value
10
Bank Branches
$940 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 $140,483. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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