Nursing Care Facilities Market: ZIP 80238
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80238 is an urban area. with a population of 29,448 and household incomes well above the national median ($166,191).
Area Profile
29,448
Population
$166,191
Median Income
+123% vs. national
Urban
Area Type
Median Age: 36.7 —
mixed-age market, broad menu appeal.
College-Educated: 50.4% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 80238.
3
Home Health Agencies
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,570
2BR Fair Market Rent
$2,071
Median Gross Rent
$810 K
Median Home Value
2
Bank Branches
$23 K 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.
- The median income here is $166,191. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
- Bank Branches
- 2
vs. National Average
Median Income
+123% vs. $74,580
Nearby Markets
80266
1.7 mi
Pop: 0
80207
2.8 mi
Pop: 22,382
$112,325
Walk: 13.5
80010
2.9 mi
Pop: 42,010
$60,755
Walk: 12.5
80239
3.3 mi
Pop: 44,077
$86,661
Walk: 12.4
80045
3.6 mi
Pop: 1,615
$50,000
Walk: 12.6
80220
3.9 mi
Pop: 36,311
$101,961
Walk: 14.8
80230
4.0 mi
Pop: 10,811
$100,968
Walk: 12.0
80024
5.3 mi
Pop: 36
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