Nursing Care Facilities Market: ZIP 80542
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80542 is an urban area. with a population of 5,552 and household incomes well above the national median ($127,500).
Area Profile
5,552
Population
$127,500
Median Income
+71% vs. national
Urban
Area Type
Median Age: 37.3 —
mixed-age market, broad menu appeal.
College-Educated: 32.7% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,870
2BR Fair Market Rent
$2,694
Median Gross Rent
$590 K
Median Home Value
1
Bank Branches
$35 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 $127,500. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+71% vs. $74,580
Nearby Markets
80504
5.2 mi
Pop: 61,305
$109,671
Walk: 11.0
80534
8.0 mi
Pop: 19,696
$132,320
80501
8.6 mi
Pop: 43,591
$77,705
Walk: 14.5
80513
9.4 mi
Pop: 16,997
$117,024
Walk: 10.5
80520
9.4 mi
Pop: 1,684
$65,139
80530
10.5 mi
Pop: 6,097
$120,172
Walk: 11.3
80514
11.7 mi
Pop: 6,419
$99,389
Walk: 5.7
80543
12.6 mi
Pop: 9,342
$95,056
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