Nursing Care Facilities Market: ZIP 80024
Opportunity Score
0
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80024 is an urban area.
Area Profile
36
Population
Urban
Area Type
College-Educated: 0.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,990
2BR Fair Market Rent
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.
Quick Facts
- Area Type
- Urban
Nearby Markets
80229
2.8 mi
Pop: 57,274
$83,450
Walk: 12.3
80266
3.9 mi
Pop: 0
80640
4.0 mi
Pop: 14,073
$111,145
Walk: 9.2
80233
4.1 mi
Pop: 47,692
$85,132
Walk: 12.9
80216
4.9 mi
Pop: 16,610
$86,869
Walk: 13.8
80238
5.3 mi
Pop: 29,448
$166,191
80207
5.7 mi
Pop: 22,382
$112,325
Walk: 13.5
80260
5.9 mi
Pop: 34,861
$62,929
Walk: 13.9
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