ElderCareCost
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Home ZIP 02116

Nursing Care Facilities Market: ZIP 02116

Opportunity Score
92 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 02116 is an urban area with high foot traffic. with a population of 22,040 and household incomes well above the national median ($127,309).

Area Profile

22,040
Population
$127,309
Median Income
+71% vs. national
Urban
Area Type
15.5/20
Foot Traffic
Very Walkable
Median Age: 34.6 — mixed-age market, broad menu appeal.
College-Educated: 55.3% — strong appetite for artisan/specialty food.

Operating Costs

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

$3,970
2BR Fair Market Rent
$2,341
Median Gross Rent
$1.6 M
Median Home Value
17
Bank Branches
$4 M deposits

Data sources

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