Nursing Care Facilities Market: ZIP 89123
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 89123 is an urban area with moderate foot traffic. with a population of 57,693 and household incomes above the national median ($80,992).
Area Profile
57,693
Population
$80,992
Median Income
+9% vs. national
Urban
Area Type
12.4/20
Foot Traffic
Walkable
Median Age: 43.7 —
older demographic, may prefer sit-down options.
College-Educated: 24.1% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 89123.
10
Home Health Agencies
1.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,950
2BR Fair Market Rent
$1,641
Median Gross Rent
$420 K
Median Home Value
5
Bank Branches
$690 K 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 10
- Bank Branches
- 5
vs. National Average
Median Income
+9% vs. $74,580
Walkability
+1.9 pts vs. national avg
Nearby Markets
89183
2.8 mi
Pop: 42,050
$83,053
Walk: 12.5
89119
3.4 mi
Pop: 50,585
$46,472
Walk: 13.1
89139
4.3 mi
Pop: 44,501
$96,044
Walk: 12.6
89074
4.7 mi
Pop: 51,843
$85,995
Walk: 12.0
89120
4.8 mi
Pop: 23,797
$75,813
Walk: 12.0
89052
4.8 mi
Pop: 59,542
$98,462
Walk: 9.7
89141
5.2 mi
Pop: 41,181
$109,715
Walk: 8.8
89158
5.2 mi
Pop: 593
$139,868
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