Nursing Care Facilities Market: ZIP 80227
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80227 is an urban area with moderate foot traffic. with a population of 34,946 and household incomes above the national median ($88,796).
Area Profile
34,946
Population
$88,796
Median Income
+19% vs. national
Urban
Area Type
11.6/20
Foot Traffic
Walkable
Median Age: 39.8 —
mixed-age market, broad menu appeal.
College-Educated: 32.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,050
2BR Fair Market Rent
$1,786
Median Gross Rent
$540 K
Median Home Value
7
Bank Branches
$1.1 M deposits
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
- Foot Traffic
- Walkable
- Bank Branches
- 7
vs. National Average
Median Income
+19% vs. $74,580
Walkability
+1.1 pts vs. national avg
Nearby Markets
80235
1.5 mi
Pop: 8,374
$69,588
Walk: 10.7
80232
1.8 mi
Pop: 22,398
$87,799
Walk: 12.6
80226
3.2 mi
Pop: 32,237
$78,466
Walk: 13.6
80123
4.1 mi
Pop: 45,364
$106,731
Walk: 11.0
80236
4.4 mi
Pop: 17,207
$83,543
Walk: 12.7
80219
5.0 mi
Pop: 60,095
$67,325
Walk: 13.6
80228
5.3 mi
Pop: 34,677
$110,013
Walk: 10.3
80215
5.6 mi
Pop: 19,684
$85,017
Walk: 13.6
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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