Nursing Care Facilities Market: ZIP 04086
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 04086 is an suburban area with low foot traffic. with a population of 9,644 and household incomes above the national median ($82,356).
Area Profile
9,644
Population
$82,356
Median Income
+10% vs. national
Suburban
Area Type
7.4/20
Foot Traffic
Car-Dependent
Median Age: 46.3 —
older demographic, may prefer sit-down options.
College-Educated: 32.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,620
2BR Fair Market Rent
$1,191
Median Gross Rent
$330 K
Median Home Value
2
Bank Branches
$87 K deposits
Tips for Starting a Elder Care Business in Maine
- 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.
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
+10% vs. $74,580
Walkability
-3.1 pts vs. national avg
Nearby Markets
04011
4.9 mi
Pop: 22,081
$74,102
Walk: 6.4
04287
7.6 mi
Pop: 3,180
$78,238
Walk: 4.7
04008
8.4 mi
Pop: 3,115
$104,914
04252
8.7 mi
Pop: 4,908
$72,303
Walk: 6.3
04530
10.4 mi
Pop: 11,564
$78,482
Walk: 8.8
04250
11.8 mi
Pop: 4,808
$71,903
04079
12.1 mi
Pop: 4,094
$87,866
Walk: 5.8
04222
12.2 mi
Pop: 4,203
$96,492
Walk: 4.3
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