Nursing Care Facilities Market: ZIP 80920
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80920 is an urban area with low foot traffic. with a population of 38,154 and household incomes well above the national median ($111,233).
Area Profile
38,154
Population
$111,233
Median Income
+49% vs. national
Urban
Area Type
9.4/20
Foot Traffic
Very Car-Dependent
Median Age: 36.5 —
mixed-age market, broad menu appeal.
College-Educated: 35.2% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 80920.
9
Home Health Agencies
2.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,250
2BR Fair Market Rent
$1,955
Median Gross Rent
$480 K
Median Home Value
18
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 $111,233. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 9
- Bank Branches
- 18
vs. National Average
Median Income
+49% vs. $74,580
Walkability
-1.1 pts vs. national avg
Nearby Markets
80918
3.2 mi
Pop: 48,291
$82,743
Walk: 10.9
80924
3.5 mi
Pop: 17,043
$137,838
80923
4.5 mi
Pop: 32,333
$103,556
Walk: 8.8
80917
5.2 mi
Pop: 30,988
$72,805
Walk: 9.7
80907
6.3 mi
Pop: 27,135
$71,393
Walk: 14.5
80922
6.7 mi
Pop: 30,388
$107,457
80840
7.1 mi
Pop: 6,701
$93,889
80909
7.1 mi
Pop: 36,171
$61,777
Walk: 15.1
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