Nursing Care Facilities Market: ZIP 04240
Opportunity Score
46
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 04240 is an urban area with low foot traffic. with a population of 37,886 and household incomes near the national median ($56,558). There are 3 nursing care facilities operations in ZIP 04240.
Area Profile
37,886
Population
$56,558
Median Income
-24% vs. national
Urban
Area Type
8.7/20
Foot Traffic
Car-Dependent
Median Age: 37.8 —
mixed-age market, broad menu appeal.
College-Educated: 14.4% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 04240.
3
Nursing Care Facilities
Low competition — room to establish
0.8 per 10K residents
4
Home Health Agencies
1.1 per 10K residents
What this means:
Nursing Care Facilities are 42.9% of the relevant market in ZIP 04240 (3 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,250
2BR Fair Market Rent
$954
Median Gross Rent
$210 K
Median Home Value
8
Bank Branches
$830 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Nursing Care Facilities
- 3
- Related Businesses
- 4
- Bank Branches
- 8
vs. National Average
Median Income
-24% vs. $74,580
Walkability
-1.9 pts vs. national avg
Nearby Markets
04210
5.4 mi
Pop: 24,294
$66,552
Walk: 8.8
04250
6.0 mi
Pop: 4,808
$71,903
04236
7.2 mi
Pop: 4,390
$91,736
Walk: 5.5
04280
7.8 mi
Pop: 6,886
$63,250
Walk: 6.6
04252
8.6 mi
Pop: 4,908
$72,303
Walk: 6.3
04222
9.6 mi
Pop: 4,203
$96,492
Walk: 4.3
04258
11.8 mi
Pop: 2,774
$91,932
Walk: 6.5
04260
12.5 mi
Pop: 5,733
$107,781
Walk: 6.1
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