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Home ZIP 80903

Nursing Care Facilities Market: ZIP 80903

Opportunity Score
69 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 80903 is an urban area with high foot traffic. with a population of 17,045 and household incomes near the national median ($59,292).

Area Profile

17,045
Population
$59,292
Median Income
-20% vs. national
Urban
Area Type
15.5/20
Foot Traffic
Very Walkable
Median Age: 34.6 — mixed-age market, broad menu appeal.
College-Educated: 27.0% — balanced market for quality & value.

Competition

Nursing Care Facilities and related businesses in ZIP 80903.

4
Home Health Agencies
2.3 per 10K residents

Operating Costs

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

$1,580
2BR Fair Market Rent
$1,221
Median Gross Rent
$420 K
Median Home Value
24
Bank Branches
$3.6 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.

Data sources

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