ElderCareCost
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Home ZIP 89074

Nursing Care Facilities Market: ZIP 89074

Opportunity Score
75 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 89074 is an urban area with moderate foot traffic. with a population of 51,843 and household incomes above the national median ($85,995).

Area Profile

51,843
Population
$85,995
Median Income
+15% vs. national
Urban
Area Type
12.0/20
Foot Traffic
Walkable
Median Age: 40.6 — older demographic, may prefer sit-down options.
College-Educated: 26.8% — balanced market for quality & value.

Competition

Nursing Care Facilities and related businesses in ZIP 89074.

4
Home Health Agencies
0.8 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,090
2BR Fair Market Rent
$1,782
Median Gross Rent
$440 K
Median Home Value
8
Bank Branches
$6.1 M deposits

Tips for Starting a Elder Care Business in Nevada

  • 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits