Nursing Care Facilities Market: ZIP 06010
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 06010 is an urban area with moderate foot traffic. with a population of 61,206 and household incomes above the national median ($83,642). There are 6 nursing care facilities operations in ZIP 06010.
Area Profile
61,206
Population
$83,642
Median Income
+12% vs. national
Urban
Area Type
11.1/20
Foot Traffic
Walkable
Median Age: 38.2 —
mixed-age market, broad menu appeal.
College-Educated: 21.7% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 06010.
6
Nursing Care Facilities
Moderate — proven market
1.0 per 10K residents
3
Home Health Agencies
0.5 per 10K residents
What this means:
Nursing Care Facilities are 66.7% of the relevant market in ZIP 06010 (6 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,570
2BR Fair Market Rent
$1,307
Median Gross Rent
$250 K
Median Home Value
10
Bank Branches
$1.4 M deposits
Tips for Starting a Elder Care Business in Connecticut
- 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
- Walkable
- Nursing Care Facilities
- 6
- Related Businesses
- 3
- Bank Branches
- 10
vs. National Average
Median Income
+12% vs. $74,580
Walkability
+0.6 pts vs. national avg
Nearby Markets
06013
4.7 mi
Pop: 9,613
$158,357
Walk: 5.0
06786
5.4 mi
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$99,855
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06062
5.6 mi
Pop: 17,499
$81,878
Walk: 9.8
06085
5.8 mi
Pop: 7,521
$144,808
Walk: 10.4
06716
6.3 mi
Pop: 16,058
$114,529
Walk: 7.5
06489
6.7 mi
Pop: 32,444
$124,543
Walk: 6.3
06032
6.7 mi
Pop: 18,642
$131,488
Walk: 8.2
06782
7.5 mi
Pop: 2,098
$97,222
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