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Home ZIP 94509

Nursing Care Facilities Market: ZIP 94509

Opportunity Score
57 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 94509 is an urban area with low foot traffic. with a population of 71,013 and household incomes above the national median ($81,512). There are 7 nursing care facilities operations in ZIP 94509.

Area Profile

71,013
Population
$81,512
Median Income
+9% vs. national
Urban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Median Age: 37.6 — mixed-age market, broad menu appeal.
College-Educated: 12.7% — value-focused market, keep prices competitive.

Competition

Nursing Care Facilities and related businesses in ZIP 94509.

7
Nursing Care Facilities
Moderate — proven market
1.0 per 10K residents
8
Home Health Agencies
1.1 per 10K residents
What this means: Nursing Care Facilities are 46.7% of the relevant market in ZIP 94509 (7 vs. 8 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,340
2BR Fair Market Rent
$2,052
Median Gross Rent
$570 K
Median Home Value
6
Bank Branches
$1.1 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.

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Nursing Care Facilities
7
Related Businesses
8
Bank Branches
6

vs. National Average

Median Income
+9% vs. $74,580
Walkability
-2.0 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

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