Nursing Care Facilities Market: ZIP 99502
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 99502 is an urban area with low foot traffic. with a population of 26,110 and household incomes well above the national median ($118,494).
Area Profile
26,110
Population
$118,494
Median Income
+59% vs. national
Urban
Area Type
9.6/20
Foot Traffic
Very Car-Dependent
Median Age: 34.4 —
mixed-age market, broad menu appeal.
College-Educated: 25.0% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,660
2BR Fair Market Rent
$1,661
Median Gross Rent
$410 K
Median Home Value
2
Bank Branches
$170 K deposits
Tips for Starting a Elder Care Business in Alaska
- 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 $118,494. 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
- 2
vs. National Average
Median Income
+59% vs. $74,580
Walkability
-0.9 pts vs. national avg
Nearby Markets
99530
1.7 mi
Pop: 0
Walk: 8.3
99517
4.4 mi
Pop: 16,567
$99,307
Walk: 10.5
99518
7.7 mi
Pop: 9,837
$91,077
Walk: 13.8
99515
8.0 mi
Pop: 21,879
$112,445
Walk: 10.1
99513
8.4 mi
Pop: 0
Walk: 18.0
99501
10.3 mi
Pop: 16,563
$69,591
Walk: 13.9
99508
12.6 mi
Pop: 36,660
$72,751
Walk: 12.8
99506
15.1 mi
Pop: 7,051
$73,380
Walk: 13.1
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