Nursing Care Facilities Market: ZIP 94118
Opportunity Score
93
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 94118 is an urban area with high foot traffic. with a population of 39,275 and household incomes well above the national median ($159,550).
Area Profile
39,275
Population
$159,550
Median Income
+114% vs. national
Urban
Area Type
16.3/20
Foot Traffic
Very Walkable
Median Age: 39.1 —
mixed-age market, broad menu appeal.
College-Educated: 55.0% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 94118.
3
Home Health Agencies
0.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,030
2BR Fair Market Rent
$2,695
Median Gross Rent
$1.8 M
Median Home Value
17
Bank Branches
$4.4 M deposits
Tips for Starting a Elder Care Business in California
- 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.
- The median income here is $159,550. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 3
- Bank Branches
- 17
vs. National Average
Median Income
+114% vs. $74,580
Walkability
+5.8 pts vs. national avg
Nearby Markets
94129
1.2 mi
Pop: 3,808
$236,190
Walk: 13.3
94117
1.4 mi
Pop: 37,575
$175,096
Walk: 16.0
94115
1.7 mi
Pop: 32,715
$154,264
Walk: 15.8
94122
2.1 mi
Pop: 57,369
$145,717
Walk: 15.5
94114
2.3 mi
Pop: 33,627
$196,528
Walk: 16.5
94121
2.4 mi
Pop: 42,987
$138,353
Walk: 15.3
94123
2.4 mi
Pop: 24,518
$222,689
Walk: 16.4
94131
2.7 mi
Pop: 27,809
$198,779
Walk: 15.0
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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