Nursing Care Facilities Market: ZIP 94708
Opportunity Score
91
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 94708 is an urban area with moderate foot traffic. with a population of 11,967 and household incomes well above the national median ($229,004).
Area Profile
11,967
Population
$229,004
Median Income
+207% vs. national
Urban
Area Type
14.1/20
Foot Traffic
Very Car-Dependent
Median Age: 49.1 —
older demographic, may prefer sit-down options.
College-Educated: 68.4% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,500
2BR Fair Market Rent
$2,926
Median Gross Rent
$1.5 M
Median Home Value
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 $229,004. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+207% vs. $74,580
Walkability
+3.6 pts vs. national avg
Nearby Markets
94707
1.2 mi
Pop: 12,728
$196,591
Walk: 15.0
94709
1.7 mi
Pop: 12,179
$95,223
Walk: 15.2
94720
2.2 mi
Pop: 5,649
Walk: 15.1
94704
2.5 mi
Pop: 24,427
$52,105
Walk: 13.7
94706
2.5 mi
Pop: 20,486
$136,961
Walk: 16.0
94703
2.9 mi
Pop: 20,874
$108,922
Walk: 14.9
94530
2.9 mi
Pop: 26,229
$127,731
Walk: 15.2
94702
3.0 mi
Pop: 17,073
$99,135
Walk: 16.0
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