Nursing Care Facilities Market: ZIP 81601
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 81601 is an suburban area with moderate foot traffic. with a population of 16,268 and household incomes well above the national median ($103,632).
Area Profile
16,268
Population
$103,632
Median Income
+39% vs. national
Suburban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 38.7 —
mixed-age market, broad menu appeal.
College-Educated: 28.3% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,620
2BR Fair Market Rent
$1,812
Median Gross Rent
$730 K
Median Home Value
8
Bank Branches
$1.6 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.
- The median income here is $103,632. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Walkable
- Bank Branches
- 8
vs. National Average
Median Income
+39% vs. $74,580
Walkability
+2.6 pts vs. national avg
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