Nursing Care Facilities Market: ZIP 02914
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02914 is an urban area with high foot traffic. with a population of 21,397 and household incomes near the national median ($60,838). There are 5 nursing care facilities operations in ZIP 02914.
Area Profile
21,397
Population
$60,838
Median Income
-18% vs. national
Urban
Area Type
15.6/20
Foot Traffic
Very Walkable
Median Age: 45.8 —
older demographic, may prefer sit-down options.
College-Educated: 19.0% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 02914.
5
Nursing Care Facilities
Low competition — room to establish
2.3 per 10K residents
6
Home Health Agencies
2.8 per 10K residents
What this means:
Nursing Care Facilities are 45.5% of the relevant market in ZIP 02914 (5 vs. 6 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,720
2BR Fair Market Rent
$1,165
Median Gross Rent
$310 K
Median Home Value
6
Bank Branches
$830 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Nursing Care Facilities
- 5
- Related Businesses
- 6
- Bank Branches
- 6
vs. National Average
Median Income
-18% vs. $74,580
Walkability
+5.1 pts vs. national avg
Nearby Markets
02916
2.2 mi
Pop: 8,725
$96,293
Walk: 15.0
02906
2.4 mi
Pop: 26,327
$102,796
Walk: 16.4
02912
2.7 mi
Pop: 4,824
Walk: 15.7
02905
2.8 mi
Pop: 24,780
$57,126
Walk: 15.1
02903
3.0 mi
Pop: 12,309
$62,987
Walk: 18.8
02915
3.0 mi
Pop: 16,848
$90,558
Walk: 13.4
02771
3.8 mi
Pop: 15,573
$116,310
Walk: 8.2
02907
4.1 mi
Pop: 31,427
$49,564
Walk: 16.0
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