Nursing Care Facilities Market: ZIP 80520
Opportunity Score
42
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80520 is an suburban area. with a population of 1,684 and household incomes near the national median ($65,139).
Area Profile
1,684
Population
$65,139
Median Income
-13% vs. national
Suburban
Area Type
Median Age: 42.0 —
older demographic, may prefer sit-down options.
College-Educated: 15.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,950
2BR Fair Market Rent
$1,611
Median Gross Rent
$450 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
- Suburban
vs. National Average
Median Income
-13% vs. $74,580
Nearby Markets
80530
1.1 mi
Pop: 6,097
$120,172
Walk: 11.3
80514
3.4 mi
Pop: 6,419
$99,389
Walk: 5.7
80516
7.4 mi
Pop: 37,107
$160,590
Walk: 8.5
80504
7.5 mi
Pop: 61,305
$109,671
Walk: 11.0
80621
9.1 mi
Pop: 14,542
$80,746
Walk: 6.6
80542
9.4 mi
Pop: 5,552
$127,500
80602
10.3 mi
Pop: 42,237
$146,679
Walk: 10.2
80023
10.9 mi
Pop: 26,466
$159,970
Walk: 8.7
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