Nursing Care Facilities Market: ZIP 80651
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80651 is an urban area with low foot traffic. with a population of 4,552 and household incomes above the national median ($88,608).
Area Profile
4,552
Population
$88,608
Median Income
+19% vs. national
Urban
Area Type
6.0/20
Foot Traffic
Car-Dependent
Median Age: 42.1 —
older demographic, may prefer sit-down options.
College-Educated: 16.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,440
2BR Fair Market Rent
$1,602
Median Gross Rent
$440 K
Median Home Value
1
Bank Branches
$29 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+19% vs. $74,580
Walkability
-4.5 pts vs. national avg
Nearby Markets
80623
3.9 mi
Pop: 987
$66,771
80543
8.1 mi
Pop: 9,342
$95,056
80621
9.2 mi
Pop: 14,542
$80,746
Walk: 6.6
80534
10.5 mi
Pop: 19,696
$132,320
80634
11.3 mi
Pop: 63,553
$83,255
Walk: 8.4
80620
11.7 mi
Pop: 20,776
$71,410
Walk: 8.3
80520
11.9 mi
Pop: 1,684
$65,139
80645
11.9 mi
Pop: 4,970
$84,327
Walk: 5.5
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