Nursing Care Facilities Market: ZIP 99508
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 99508 is an urban area with moderate foot traffic. with a population of 36,660 and household incomes near the national median ($72,751).
Area Profile
36,660
Population
$72,751
Median Income
-2% vs. national
Urban
Area Type
12.8/20
Foot Traffic
Walkable
Median Age: 32.3 —
mixed-age market, broad menu appeal.
College-Educated: 16.7% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 99508.
6
Home Health Agencies
1.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,470
2BR Fair Market Rent
$1,353
Median Gross Rent
$310 K
Median Home Value
2
Bank Branches
$160 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 6
- Bank Branches
- 2
vs. National Average
Median Income
-2% vs. $74,580
Walkability
+2.3 pts vs. national avg
Nearby Markets
99501
3.1 mi
Pop: 16,563
$69,591
Walk: 13.9
99513
4.8 mi
Pop: 0
Walk: 18.0
99506
4.9 mi
Pop: 7,051
$73,380
Walk: 13.1
99518
5.5 mi
Pop: 9,837
$91,077
Walk: 13.8
99515
7.7 mi
Pop: 21,879
$112,445
Walk: 10.1
99517
8.4 mi
Pop: 16,567
$99,307
Walk: 10.5
99516
11.2 mi
Pop: 21,208
$160,341
Walk: 5.6
99530
11.5 mi
Pop: 0
Walk: 8.3
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