ElderCareCost
Showing results for ZIP 13142 (NY)
Home ZIP 00918

Nursing Care Facilities Market: ZIP 00918

Opportunity Score
45 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 00918 is an urban area with low foot traffic. with a population of 16,379 and household incomes below the national median ($36,872).

Area Profile

16,379
Population
$36,872
Median Income
-51% vs. national
Urban
Area Type
5.7/20
Foot Traffic
Very Car-Dependent
Median Age: 44.9 — older demographic, may prefer sit-down options.
College-Educated: 47.6% — strong appetite for artisan/specialty food.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$910
2BR Fair Market Rent
$628
Median Gross Rent
$220 K
Median Home Value
10
Bank Branches
$48 M deposits

Tips for Starting a Elder Care Business in ZIP 00918

  • 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.
  • Median income sits at $36,872. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits