Nursing Care Facilities Market: ZIP 06472
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 06472 is an urban area with low foot traffic. with a population of 6,414 and household incomes well above the national median ($108,333).
Area Profile
6,414
Population
$108,333
Median Income
+45% vs. national
Urban
Area Type
5.7/20
Foot Traffic
Very Car-Dependent
Median Age: 45.6 —
older demographic, may prefer sit-down options.
College-Educated: 26.1% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,910
2BR Fair Market Rent
$1,541
Median Gross Rent
$370 K
Median Home Value
1
Bank Branches
$30 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.
- The median income here is $108,333. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+45% vs. $74,580
Walkability
-4.8 pts vs. national avg
Nearby Markets
06471
4.1 mi
Pop: 7,073
$120,885
Walk: 7.9
06492
5.3 mi
Pop: 44,099
$101,757
Walk: 10.3
06473
5.9 mi
Pop: 24,527
$127,370
Walk: 12.5
06437
6.7 mi
Pop: 22,037
$130,036
Walk: 7.8
06405
7.9 mi
Pop: 28,090
$97,223
Walk: 9.6
06422
8.0 mi
Pop: 7,182
$151,875
Walk: 5.5
06513
8.5 mi
Pop: 38,343
$46,520
Walk: 12.7
06455
9.1 mi
Pop: 2,592
$114,500
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