Nursing Care Facilities Market: ZIP 02904
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02904 is an urban area with high foot traffic. with a population of 32,462 and household incomes near the national median ($64,637). There are 3 nursing care facilities operations in ZIP 02904.
Area Profile
32,462
Population
$64,637
Median Income
-13% vs. national
Urban
Area Type
15.0/20
Foot Traffic
Very Walkable
Median Age: 37.9 —
mixed-age market, broad menu appeal.
College-Educated: 22.5% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 02904.
3
Nursing Care Facilities
Low competition — room to establish
0.9 per 10K residents
3
Home Health Agencies
0.9 per 10K residents
What this means:
Nursing Care Facilities are 50.0% of the relevant market in ZIP 02904 (3 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,610
2BR Fair Market Rent
$1,217
Median Gross Rent
$300 K
Median Home Value
7
Bank Branches
$1.1 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Nursing Care Facilities
- 3
- Related Businesses
- 3
- Bank Branches
- 7
vs. National Average
Median Income
-13% vs. $74,580
Walkability
+4.5 pts vs. national avg
Nearby Markets
02918
1.0 mi
Pop: 2,944
Walk: 15.4
02908
1.3 mi
Pop: 39,661
$74,341
Walk: 15.1
02911
2.5 mi
Pop: 14,963
$85,803
Walk: 14.5
02909
3.0 mi
Pop: 44,445
$63,950
Walk: 15.4
02903
3.2 mi
Pop: 12,309
$62,987
Walk: 18.8
02912
3.2 mi
Pop: 4,824
Walk: 15.7
02860
3.4 mi
Pop: 47,372
$59,954
Walk: 15.4
02906
3.5 mi
Pop: 26,327
$102,796
Walk: 16.4
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