Nursing Care Facilities Market: ZIP 02452
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02452 is an urban area with moderate foot traffic. with a population of 16,173 and household incomes well above the national median ($112,902).
Area Profile
16,173
Population
$112,902
Median Income
+51% vs. national
Urban
Area Type
12.2/20
Foot Traffic
Walkable
Median Age: 32.4 —
mixed-age market, broad menu appeal.
College-Educated: 31.8% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 02452.
5
Home Health Agencies
3.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,940
2BR Fair Market Rent
$2,325
Median Gross Rent
$780 K
Median Home Value
7
Bank Branches
$960 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 $112,902. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 5
- Bank Branches
- 7
vs. National Average
Median Income
+51% vs. $74,580
Walkability
+1.7 pts vs. national avg
Nearby Markets
02451
2.3 mi
Pop: 18,153
$119,509
Walk: 13.9
02453
2.4 mi
Pop: 30,314
$114,029
Walk: 15.8
02478
2.7 mi
Pop: 26,966
$177,790
Walk: 14.4
02460
3.1 mi
Pop: 10,033
$154,329
Walk: 15.7
02465
3.2 mi
Pop: 11,297
$174,518
Walk: 15.7
02421
3.3 mi
Pop: 17,798
$212,843
Walk: 13.3
02472
3.4 mi
Pop: 35,317
$123,383
Walk: 14.9
02476
3.5 mi
Pop: 17,732
$145,150
Walk: 15.0
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