Nursing Care Facilities Market: ZIP 80924
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80924 is an urban area. with a population of 17,043 and household incomes well above the national median ($137,838).
Area Profile
17,043
Population
$137,838
Median Income
+85% vs. national
Urban
Area Type
Median Age: 35.8 —
mixed-age market, broad menu appeal.
College-Educated: 41.6% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,660
2BR Fair Market Rent
$2,131
Median Gross Rent
$620 K
Median Home Value
1
Bank Branches
$96 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 $137,838. 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
+85% vs. $74,580
Nearby Markets
80923
2.8 mi
Pop: 32,333
$103,556
Walk: 8.8
80920
3.5 mi
Pop: 38,154
$111,233
Walk: 9.4
80927
5.2 mi
Pop: 6,957
$141,154
80922
5.5 mi
Pop: 30,388
$107,457
80918
5.6 mi
Pop: 48,291
$82,743
Walk: 10.9
80917
5.7 mi
Pop: 30,988
$72,805
Walk: 9.7
80908
6.0 mi
Pop: 23,358
$136,117
Walk: 5.7
80938
6.2 mi
Pop: 1,345
$82,105
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