Nursing Care Facilities Market: ZIP 01609
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01609 is an urban area with moderate foot traffic. with a population of 23,184 and household incomes near the national median ($61,411). There are 3 nursing care facilities operations in ZIP 01609.
Area Profile
23,184
Population
$61,411
Median Income
-18% vs. national
Urban
Area Type
11.7/20
Foot Traffic
Walkable
Median Age: 29.3 —
young market, strong street food demand.
College-Educated: 27.6% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 01609.
3
Nursing Care Facilities
Low competition — room to establish
1.3 per 10K residents
7
Home Health Agencies
3.0 per 10K residents
What this means:
Nursing Care Facilities are 30.0% of the relevant market in ZIP 01609 (3 vs. 7 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,780
2BR Fair Market Rent
$1,212
Median Gross Rent
$420 K
Median Home Value
5
Bank Branches
$880 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Nursing Care Facilities
- 3
- Related Businesses
- 7
- Bank Branches
- 5
vs. National Average
Median Income
-18% vs. $74,580
Walkability
+1.2 pts vs. national avg
Nearby Markets
01602
1.8 mi
Pop: 25,791
$94,351
Walk: 14.1
01608
2.5 mi
Pop: 4,951
$45,962
01605
2.9 mi
Pop: 31,086
$54,805
Walk: 14.6
01610
3.0 mi
Pop: 28,719
$43,757
Walk: 14.6
01603
3.0 mi
Pop: 21,034
$63,646
Walk: 13.5
01606
3.2 mi
Pop: 22,269
$92,537
Walk: 11.8
01520
3.8 mi
Pop: 16,864
$147,582
Walk: 5.2
01611
4.5 mi
Pop: 2,401
$118,389
Walk: 7.1
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