Nursing Care Facilities Market: ZIP 83431
Opportunity Score
42
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 83431 is an urban area. with a population of 1,066 and household incomes above the national median ($81,667).
Area Profile
1,066
Population
$81,667
Median Income
+10% vs. national
Urban
Area Type
Median Age: 36.7 —
mixed-age market, broad menu appeal.
College-Educated: 12.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,240
2BR Fair Market Rent
$800
Median Gross Rent
$240 K
Median Home Value
Tips for Starting a Elder Care Business in Idaho
- 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
vs. National Average
Median Income
+10% vs. $74,580
Nearby Markets
83434
5.0 mi
Pop: 1,754
$85,625
83454
8.3 mi
Pop: 386
$58,929
Walk: 5.1
83442
14.3 mi
Pop: 24,829
$84,328
Walk: 4.1
83401
14.7 mi
Pop: 47,170
$75,870
Walk: 7.6
83402
15.2 mi
Pop: 29,683
$72,064
Walk: 8.1
83440
17.6 mi
Pop: 50,669
$57,701
Walk: 8.9
83444
18.7 mi
Pop: 1,267
$83,333
Walk: 3.6
83460
19.4 mi
Pop: 35
Walk: 7.0
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