Nursing Care Facilities Market: ZIP 02864
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02864 is an urban area with moderate foot traffic. with a population of 36,383 and household incomes well above the national median ($118,737). There are 3 nursing care facilities operations in ZIP 02864.
Area Profile
36,383
Population
$118,737
Median Income
+59% vs. national
Urban
Area Type
10.8/20
Foot Traffic
Walkable
Median Age: 44.0 —
older demographic, may prefer sit-down options.
College-Educated: 31.2% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 02864.
3
Nursing Care Facilities
Low competition — room to establish
0.8 per 10K residents
4
Home Health Agencies
1.1 per 10K residents
What this means:
Nursing Care Facilities are 42.9% of the relevant market in ZIP 02864 (3 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,530
2BR Fair Market Rent
$1,251
Median Gross Rent
$390 K
Median Home Value
5
Bank Branches
$670 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Nursing Care Facilities
- 3
- Related Businesses
- 4
- Bank Branches
- 5
vs. National Average
Median Income
+59% vs. $74,580
Walkability
+0.3 pts vs. national avg
Nearby Markets
02802
2.7 mi
Pop: 531
$125,522
02838
4.1 mi
Pop: 4,007
$82,075
02865
4.1 mi
Pop: 18,033
$117,042
Walk: 9.9
02863
5.7 mi
Pop: 22,481
$45,921
Walk: 15.9
02760
6.0 mi
Pop: 29,078
$109,350
Walk: 13.8
02895
6.0 mi
Pop: 43,081
$58,579
Walk: 12.4
02762
6.6 mi
Pop: 9,872
$95,625
02860
7.0 mi
Pop: 47,372
$59,954
Walk: 15.4
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