Nursing Care Facilities Market: ZIP 80918
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80918 is an urban area with moderate foot traffic. with a population of 48,291 and household incomes above the national median ($82,743).
Area Profile
48,291
Population
$82,743
Median Income
+11% vs. national
Urban
Area Type
10.9/20
Foot Traffic
Walkable
Median Age: 35.9 —
mixed-age market, broad menu appeal.
College-Educated: 25.9% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 80918.
12
Home Health Agencies
2.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,750
2BR Fair Market Rent
$1,572
Median Gross Rent
$410 K
Median Home Value
12
Bank Branches
$780 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
- Walkable
- Related Businesses
- 12
- Bank Branches
- 12
vs. National Average
Median Income
+11% vs. $74,580
Walkability
+0.4 pts vs. national avg
Nearby Markets
80917
3.2 mi
Pop: 30,988
$72,805
Walk: 9.7
80920
3.2 mi
Pop: 38,154
$111,233
Walk: 9.4
80907
3.6 mi
Pop: 27,135
$71,393
Walk: 14.5
80909
4.0 mi
Pop: 36,171
$61,777
Walk: 15.1
80923
4.7 mi
Pop: 32,333
$103,556
Walk: 8.8
80924
5.6 mi
Pop: 17,043
$137,838
80922
5.7 mi
Pop: 30,388
$107,457
80903
5.8 mi
Pop: 17,045
$59,292
Walk: 15.5
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