ElderCareCost
Showing results for ZIP 25979 (WV)
Home ZIP 78745

Nursing Care Facilities Market: ZIP 78745

Opportunity Score
73 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 78745 is an urban area with moderate foot traffic. with a population of 61,122 and household incomes above the national median ($84,529).

Area Profile

61,122
Population
$84,529
Median Income
+13% vs. national
Urban
Area Type
12.3/20
Foot Traffic
Walkable
Median Age: 37.7 — mixed-age market, broad menu appeal.
College-Educated: 42.6% — strong appetite for artisan/specialty food.

Operating Costs

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

$2,010
2BR Fair Market Rent
$1,655
Median Gross Rent
$460 K
Median Home Value
9
Bank Branches
$610 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.

Data sources

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