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
Nearby Markets
94531
3.4 mi
Pop: 44,746
$123,428
Walk: 8.4
94565
8.1 mi
Pop: 99,933
$95,035
Walk: 8.9
94561
8.4 mi
Pop: 45,386
$130,859
Walk: 8.1
94517
8.9 mi
Pop: 12,164
$164,860
94512
9.6 mi
Pop: 134
94513
9.8 mi
Pop: 68,160
$139,736
Walk: 9.2
94521
11.2 mi
Pop: 41,118
$127,312
Walk: 12.9
94548
11.2 mi
Pop: 637
$183,100
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