Nursing Care Facilities Market: ZIP 80018
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80018 is an urban area. with a population of 17,129 and household incomes well above the national median ($127,390).
Area Profile
17,129
Population
$127,390
Median Income
+71% vs. national
Urban
Area Type
Median Age: 34.8 —
mixed-age market, broad menu appeal.
College-Educated: 25.9% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 80018.
4
Home Health Agencies
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,670
2BR Fair Market Rent
$2,542
Median Gross Rent
$560 K
Median Home Value
Tips for Starting a Elder Care Business in Colorado
- 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 $127,390. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
vs. National Average
Median Income
+71% vs. $74,580
Nearby Markets
80019
5.3 mi
Pop: 6,141
$117,420
80013
6.1 mi
Pop: 74,732
$97,167
Walk: 12.9
80017
6.1 mi
Pop: 39,553
$76,458
Walk: 12.7
80137
6.4 mi
Pop: 2,015
$140,792
Walk: 5.9
80011
7.7 mi
Pop: 53,334
$69,719
Walk: 12.9
80016
7.9 mi
Pop: 66,479
$148,421
Walk: 9.2
80015
8.9 mi
Pop: 72,155
$121,640
Walk: 12.9
80012
10.4 mi
Pop: 51,389
$69,835
Walk: 13.2
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