Nursing Care Facilities Market: ZIP 94306
Opportunity Score
91
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 94306 is an urban area with moderate foot traffic. with a population of 27,527 and household incomes well above the national median ($186,479).
Area Profile
27,527
Population
$186,479
Median Income
+150% vs. national
Urban
Area Type
14.2/20
Foot Traffic
Very Car-Dependent
Median Age: 41.0 —
older demographic, may prefer sit-down options.
College-Educated: 56.5% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,780
2BR Fair Market Rent
$2,927
Median Gross Rent
$2 M
Median Home Value
7
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 $186,479. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 7
vs. National Average
Median Income
+150% vs. $74,580
Walkability
+3.7 pts vs. national avg
Nearby Markets
94301
2.3 mi
Pop: 17,126
$235,529
Walk: 17.7
94305
2.8 mi
Pop: 17,912
$72,470
Walk: 15.5
94304
2.8 mi
Pop: 4,731
$162,569
Walk: 17.3
94303
3.1 mi
Pop: 47,123
$148,031
Walk: 13.9
94040
4.0 mi
Pop: 35,581
$184,494
Walk: 14.2
94022
4.3 mi
Pop: 19,993
$250,001
Walk: 15.2
94025
4.3 mi
Pop: 40,230
$215,871
Walk: 12.0
94041
4.3 mi
Pop: 15,841
$168,980
Walk: 15.3
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