Nursing Care Facilities Market: ZIP 04449
Opportunity Score
30
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 04449 is an urban area. with a population of 1,144 and household incomes near the national median ($59,750).
Area Profile
1,144
Population
$59,750
Median Income
-20% vs. national
Urban
Area Type
Median Age: 47.8 —
older demographic, may prefer sit-down options.
College-Educated: 12.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,360
2BR Fair Market Rent
$1,135
Median Gross Rent
$150 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
-20% vs. $74,580
Nearby Markets
04450
6.0 mi
Pop: 1,306
$77,917
04410
6.7 mi
Pop: 1,180
$72,167
04427
8.5 mi
Pop: 2,942
$60,612
Walk: 6.0
04401
10.3 mi
Pop: 44,418
$66,136
Walk: 8.2
04456
10.9 mi
Pop: 3,012
$75,917
Walk: 5.2
04422
11.5 mi
Pop: 1,189
$75,795
04468
11.9 mi
Pop: 9,163
$51,063
Walk: 5.8
04473
12.9 mi
Pop: 8,383
$58,893
Walk: 7.0
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