Nursing Care Facilities Market: ZIP 80503
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80503 is an urban area with low foot traffic. with a population of 36,206 and household incomes well above the national median ($118,465).
Area Profile
36,206
Population
$118,465
Median Income
+59% vs. national
Urban
Area Type
9.9/20
Foot Traffic
Very Car-Dependent
Median Age: 43.9 —
older demographic, may prefer sit-down options.
College-Educated: 43.7% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 80503.
4
Home Health Agencies
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,030
2BR Fair Market Rent
$1,843
Median Gross Rent
$700 K
Median Home Value
2
Bank Branches
$39 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 $118,465. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 2
vs. National Average
Median Income
+59% vs. $74,580
Walkability
-0.6 pts vs. national avg
Nearby Markets
80544
5.3 mi
Pop: 0
Walk: 9.7
80501
7.5 mi
Pop: 43,591
$77,705
Walk: 14.5
80301
8.5 mi
Pop: 25,252
$92,974
Walk: 12.0
80304
10.1 mi
Pop: 25,634
$121,534
Walk: 14.9
80513
11.0 mi
Pop: 16,997
$117,024
Walk: 10.5
80310
11.9 mi
Pop: 7,530
Walk: 14.6
80504
12.5 mi
Pop: 61,305
$109,671
Walk: 11.0
80026
13.2 mi
Pop: 32,549
$115,031
Walk: 12.9
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