Nursing Care Facilities Market: ZIP 87532
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 87532 is an suburban area with low foot traffic. with a population of 19,522 and household incomes near the national median ($57,077).
Area Profile
19,522
Population
$57,077
Median Income
-23% vs. national
Suburban
Area Type
6.5/20
Foot Traffic
Car-Dependent
Median Age: 39.4 —
mixed-age market, broad menu appeal.
College-Educated: 15.2% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 87532.
3
Home Health Agencies
1.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,390
2BR Fair Market Rent
$887
Median Gross Rent
$230 K
Median Home Value
4
Bank Branches
$460 K deposits
Tips for Starting a Elder Care Business in New Mexico
- 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
- Suburban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 4
vs. National Average
Median Income
-23% vs. $74,580
Walkability
-4.0 pts vs. national avg
Nearby Markets
87566
6.3 mi
Pop: 2,623
$64,028
Walk: 5.3
87567
7.4 mi
Pop: 1,029
Walk: 5.8
87511
12.4 mi
Pop: 2,700
$82,781
87548
13.5 mi
Pop: 921
$68,750
87547
13.6 mi
Pop: 5,568
$150,714
Walk: 7.1
87537
14.0 mi
Pop: 2,030
$40,795
87582
15.9 mi
Pop: 1,003
$154,618
Walk: 5.4
87506
16.4 mi
Pop: 16,055
$90,504
Walk: 4.3
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