Nursing Care Facilities Market: ZIP 04106
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 04106 is an urban area with moderate foot traffic. with a population of 26,966 and household incomes above the national median ($83,744). There are 3 nursing care facilities operations in ZIP 04106.
Area Profile
26,966
Population
$83,744
Median Income
+12% vs. national
Urban
Area Type
13.9/20
Foot Traffic
Walkable
Median Age: 41.0 —
older demographic, may prefer sit-down options.
College-Educated: 36.1% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 04106.
3
Nursing Care Facilities
Low competition — room to establish
1.1 per 10K residents
9
Home Health Agencies
3.3 per 10K residents
What this means:
Nursing Care Facilities are 25.0% of the relevant market in ZIP 04106 (3 vs. 9 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,260
2BR Fair Market Rent
$1,642
Median Gross Rent
$400 K
Median Home Value
12
Bank Branches
$1.1 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Nursing Care Facilities
- 3
- Related Businesses
- 9
- Bank Branches
- 12
vs. National Average
Median Income
+12% vs. $74,580
Walkability
+3.4 pts vs. national avg
Nearby Markets
04102
1.8 mi
Pop: 17,642
$79,631
Walk: 15.4
04101
2.9 mi
Pop: 18,128
$60,726
Walk: 16.4
04103
4.4 mi
Pop: 31,705
$90,682
Walk: 13.9
04107
4.6 mi
Pop: 9,581
$145,464
Walk: 11.2
04109
4.9 mi
Pop: 188
Walk: 8.8
04074
6.2 mi
Pop: 22,527
$125,642
Walk: 7.5
04108
6.9 mi
Pop: 788
$84,120
04092
7.0 mi
Pop: 20,484
$85,868
Walk: 12.1
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