Nursing Care Facilities Market: ZIP 02090
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02090 is an urban area with low foot traffic. with a population of 16,213 and household incomes well above the national median ($205,000).
Area Profile
16,213
Population
$205,000
Median Income
+175% vs. national
Urban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Median Age: 43.3 —
older demographic, may prefer sit-down options.
College-Educated: 46.8% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 02090.
5
Home Health Agencies
3.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,900
2BR Fair Market Rent
$2,390
Median Gross Rent
$990 K
Median Home Value
7
Bank Branches
$830 K deposits
Tips for Starting a Elder Care Business in Massachusetts
- 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 $205,000. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 7
vs. National Average
Median Income
+175% vs. $74,580
Walkability
-2.0 pts vs. national avg
Nearby Markets
02062
2.8 mi
Pop: 31,380
$97,110
Walk: 11.8
02026
3.2 mi
Pop: 25,109
$124,375
Walk: 11.8
02032
4.3 mi
Pop: 4,914
$180,100
02492
4.3 mi
Pop: 21,481
$222,063
Walk: 9.6
02030
5.2 mi
Pop: 5,893
$250,001
Walk: 5.9
02494
5.6 mi
Pop: 10,578
$173,750
Walk: 11.3
02132
5.6 mi
Pop: 27,069
$139,545
Walk: 15.0
02081
5.7 mi
Pop: 19,703
$150,233
Walk: 10.0
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