Nursing Care Facilities Market: ZIP 85306
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 85306 is an urban area with moderate foot traffic. with a population of 24,696 and household incomes above the national median ($82,060).
Area Profile
24,696
Population
$82,060
Median Income
+10% vs. national
Urban
Area Type
12.8/20
Foot Traffic
Walkable
Median Age: 37.5 —
mixed-age market, broad menu appeal.
College-Educated: 16.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,920
2BR Fair Market Rent
$1,666
Median Gross Rent
$340 K
Median Home Value
1
Bank Branches
$200 K deposits
Tips for Starting a Elder Care Business in Arizona
- 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
- Bank Branches
- 1
vs. National Average
Median Income
+10% vs. $74,580
Walkability
+2.3 pts vs. national avg
Nearby Markets
85304
2.0 mi
Pop: 29,745
$82,976
Walk: 13.0
85308
2.6 mi
Pop: 65,159
$95,512
Walk: 12.2
85053
3.0 mi
Pop: 29,719
$66,870
Walk: 14.3
85302
3.8 mi
Pop: 40,329
$62,516
Walk: 13.5
85381
3.9 mi
Pop: 26,895
$94,442
Walk: 12.3
85029
4.9 mi
Pop: 49,433
$60,384
Walk: 13.5
85051
5.4 mi
Pop: 45,484
$63,665
Walk: 14.0
85382
5.5 mi
Pop: 43,109
$93,387
Walk: 9.5
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