Nursing Care Facilities Market: ZIP 04210
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 04210 is an urban area with low foot traffic. with a population of 24,294 and household incomes near the national median ($66,552).
Area Profile
24,294
Population
$66,552
Median Income
-11% vs. national
Urban
Area Type
8.8/20
Foot Traffic
Car-Dependent
Median Age: 40.7 —
older demographic, may prefer sit-down options.
College-Educated: 20.1% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 04210.
3
Home Health Agencies
1.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,250
2BR Fair Market Rent
$983
Median Gross Rent
$250 K
Median Home Value
10
Bank Branches
$1 M 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
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 10
vs. National Average
Median Income
-11% vs. $74,580
Walkability
-1.8 pts vs. national avg
Nearby Markets
04240
5.4 mi
Pop: 37,886
$56,558
Walk: 8.7
04258
7.0 mi
Pop: 2,774
$91,932
Walk: 6.5
04260
9.3 mi
Pop: 5,733
$107,781
Walk: 6.1
04250
10.1 mi
Pop: 4,808
$71,903
04274
10.2 mi
Pop: 5,920
$94,625
Walk: 4.9
04236
10.2 mi
Pop: 4,390
$91,736
Walk: 5.5
04256
10.8 mi
Pop: 3,108
$58,958
04238
11.8 mi
Pop: 1,175
$88,011
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