Nursing Care Facilities Market: ZIP 89503
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 89503 is an urban area with moderate foot traffic. with a population of 30,740 and household incomes near the national median ($66,956).
Area Profile
30,740
Population
$66,956
Median Income
-10% vs. national
Urban
Area Type
12.8/20
Foot Traffic
Walkable
Median Age: 33.4 —
mixed-age market, broad menu appeal.
College-Educated: 23.5% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 89503.
3
Home Health Agencies
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,430
2BR Fair Market Rent
$1,336
Median Gross Rent
$440 K
Median Home Value
4
Bank Branches
$620 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
- 3
- Bank Branches
- 4
vs. National Average
Median Income
-10% vs. $74,580
Walkability
+2.3 pts vs. national avg
Nearby Markets
89557
1.7 mi
Pop: 707
89501
2.2 mi
Pop: 3,641
$32,990
89512
2.8 mi
Pop: 28,133
$45,284
Walk: 10.1
89509
3.2 mi
Pop: 35,877
$81,751
Walk: 10.3
89519
4.4 mi
Pop: 8,718
$155,439
Walk: 6.9
89523
5.3 mi
Pop: 37,167
$97,384
Walk: 10.6
89433
5.8 mi
Pop: 23,385
$74,208
Walk: 9.1
89431
6.2 mi
Pop: 40,772
$64,496
Walk: 13.2
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