Nursing Care Facilities Market: ZIP 80131
Opportunity Score
34
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80131 is an urban area. with a population of 258 and household incomes above the national median ($82,500).
Area Profile
258
Population
$82,500
Median Income
+11% vs. national
Urban
Area Type
Median Age: 43.3 —
older demographic, may prefer sit-down options.
College-Educated: 14.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,250
2BR Fair Market Rent
$400 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.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+11% vs. $74,580
Nearby Markets
80125
3.8 mi
Pop: 13,876
$167,874
Walk: 7.2
80129
4.9 mi
Pop: 29,495
$136,915
Walk: 11.6
80126
5.5 mi
Pop: 44,482
$166,501
Walk: 10.5
80130
6.9 mi
Pop: 25,293
$155,117
Walk: 11.6
80128
7.6 mi
Pop: 36,859
$119,827
Walk: 8.3
80122
8.1 mi
Pop: 31,575
$120,181
Walk: 12.5
80120
8.1 mi
Pop: 29,992
$91,162
Walk: 12.3
80124
9.0 mi
Pop: 22,472
$126,775
Walk: 10.8
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