ElderCareCost
Showing results for ZIP 53901 (WI)
Home ZIP 80528

Nursing Care Facilities Market: ZIP 80528

Opportunity Score
87 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 80528 is an urban area with moderate foot traffic. with a population of 24,233 and household incomes well above the national median ($122,133).

Area Profile

24,233
Population
$122,133
Median Income
+64% vs. national
Urban
Area Type
12.0/20
Foot Traffic
Walkable
Median Age: 34.6 — mixed-age market, broad menu appeal.
College-Educated: 38.2% — balanced market for quality & value.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,030
2BR Fair Market Rent
$1,906
Median Gross Rent
$650 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.
  • The median income here is $122,133. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits