Nursing Care Facilities Market: ZIP 04411
Opportunity Score
42
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 04411 is an urban area. with a population of 1,561 and household incomes near the national median ($68,929).
Area Profile
1,561
Population
$68,929
Median Income
-8% vs. national
Urban
Area Type
Median Age: 42.0 —
older demographic, may prefer sit-down options.
College-Educated: 17.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,390
2BR Fair Market Rent
$1,069
Median Gross Rent
$190 K
Median Home Value
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
vs. National Average
Median Income
-8% vs. $74,580
Nearby Markets
04428
6.1 mi
Pop: 3,374
$74,784
04461
7.1 mi
Pop: 3,083
$63,892
Walk: 4.8
04469
8.3 mi
Pop: 3,310
04489
10.0 mi
Pop: 366
Walk: 5.9
04429
12.9 mi
Pop: 4,993
$92,223
Walk: 5.3
04473
13.3 mi
Pop: 8,383
$58,893
Walk: 7.0
04412
15.0 mi
Pop: 9,654
$51,490
Walk: 8.3
04468
15.1 mi
Pop: 9,163
$51,063
Walk: 5.8
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