Nursing Care Facilities Market: ZIP 06112
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 06112 is an urban area with moderate foot traffic. with a population of 21,918 and household incomes below the national median ($47,010).
Area Profile
21,918
Population
$47,010
Median Income
-37% vs. national
Urban
Area Type
12.3/20
Foot Traffic
Walkable
Median Age: 30.8 —
mixed-age market, broad menu appeal.
College-Educated: 5.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,600
2BR Fair Market Rent
$1,229
Median Gross Rent
$200 K
Median Home Value
1
Bank Branches
$48 K 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
- Bank Branches
- 1
vs. National Average
Median Income
-37% vs. $74,580
Walkability
+1.8 pts vs. national avg
Nearby Markets
06105
1.5 mi
Pop: 18,660
$41,235
Walk: 12.8
06120
2.2 mi
Pop: 13,832
$33,521
Walk: 14.1
06103
2.6 mi
Pop: 2,845
$79,476
06119
3.0 mi
Pop: 15,011
$105,522
Walk: 13.6
06106
3.1 mi
Pop: 37,809
$47,542
Walk: 14.2
06114
4.0 mi
Pop: 25,283
$47,905
Walk: 14.0
06002
4.6 mi
Pop: 21,547
$97,436
Walk: 9.8
06117
4.7 mi
Pop: 15,863
$169,162
Walk: 10.8
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