Nursing Care Facilities Market: ZIP 99518
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 99518 is an urban area with moderate foot traffic. with a population of 9,837 and household incomes above the national median ($91,077).
Area Profile
9,837
Population
$91,077
Median Income
+22% vs. national
Urban
Area Type
13.8/20
Foot Traffic
Walkable
Median Age: 32.1 —
mixed-age market, broad menu appeal.
College-Educated: 22.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,710
2BR Fair Market Rent
$1,661
Median Gross Rent
$300 K
Median Home Value
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
vs. National Average
Median Income
+22% vs. $74,580
Walkability
+3.3 pts vs. national avg
Nearby Markets
99515
3.0 mi
Pop: 21,879
$112,445
Walk: 10.1
99513
3.8 mi
Pop: 0
Walk: 18.0
99517
4.3 mi
Pop: 16,567
$99,307
Walk: 10.5
99501
4.6 mi
Pop: 16,563
$69,591
Walk: 13.9
99508
5.5 mi
Pop: 36,660
$72,751
Walk: 12.8
99530
7.0 mi
Pop: 0
Walk: 8.3
99502
7.7 mi
Pop: 26,110
$118,494
Walk: 9.6
99506
9.4 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