Nursing Care Facilities Market: ZIP 02906
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02906 is an urban area with high foot traffic. with a population of 26,327 and household incomes well above the national median ($102,796). There are 4 nursing care facilities operations in ZIP 02906.
Area Profile
26,327
Population
$102,796
Median Income
+38% vs. national
Urban
Area Type
16.4/20
Foot Traffic
Very Walkable
Median Age: 35.8 —
mixed-age market, broad menu appeal.
College-Educated: 59.0% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 02906.
4
Nursing Care Facilities
Low competition — room to establish
1.5 per 10K residents
3
Home Health Agencies
1.1 per 10K residents
What this means:
Nursing Care Facilities are 57.1% of the relevant market in ZIP 02906 (4 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,140
2BR Fair Market Rent
$1,729
Median Gross Rent
$580 K
Median Home Value
9
Bank Branches
$1.1 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Nursing Care Facilities
- 4
- Related Businesses
- 3
- Bank Branches
- 9
vs. National Average
Median Income
+38% vs. $74,580
Walkability
+5.9 pts vs. national avg
Nearby Markets
02912
1.4 mi
Pop: 4,824
Walk: 15.7
02903
2.0 mi
Pop: 12,309
$62,987
Walk: 18.8
02860
2.1 mi
Pop: 47,372
$59,954
Walk: 15.4
02914
2.4 mi
Pop: 21,397
$60,838
Walk: 15.6
02916
2.5 mi
Pop: 8,725
$96,293
Walk: 15.0
02918
3.2 mi
Pop: 2,944
Walk: 15.4
02863
3.5 mi
Pop: 22,481
$45,921
Walk: 15.9
02908
3.5 mi
Pop: 39,661
$74,341
Walk: 15.1
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