Nursing Care Facilities Market: ZIP 07470
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07470 is an urban area with moderate foot traffic. with a population of 54,131 and household incomes well above the national median ($151,561). There are 11 nursing care facilities operations in ZIP 07470.
Area Profile
54,131
Population
$151,561
Median Income
+103% vs. national
Urban
Area Type
11.9/20
Foot Traffic
Walkable
Median Age: 41.7 —
older demographic, may prefer sit-down options.
College-Educated: 38.4% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 07470.
11
Nursing Care Facilities
Moderate — proven market
2.0 per 10K residents
4
Home Health Agencies
0.7 per 10K residents
What this means:
Nursing Care Facilities are 73.3% of the relevant market in ZIP 07470 (11 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,300
2BR Fair Market Rent
$2,126
Median Gross Rent
$600 K
Median Home Value
18
Bank Branches
$17 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Nursing Care Facilities
- 11
- Related Businesses
- 4
- Bank Branches
- 18
vs. National Average
Median Income
+103% vs. $74,580
Walkability
+1.4 pts vs. national avg
Nearby Markets
07440
3.3 mi
Pop: 4,810
$147,976
07512
3.4 mi
Pop: 10,919
$114,177
Walk: 14.0
07502
3.9 mi
Pop: 17,488
$68,649
07508
4.3 mi
Pop: 23,611
$94,611
Walk: 14.8
07444
4.5 mi
Pop: 10,766
$113,661
Walk: 13.5
07035
4.5 mi
Pop: 11,085
$117,929
Walk: 11.2
07522
4.8 mi
Pop: 22,599
$48,002
Walk: 13.6
07442
4.9 mi
Pop: 11,010
$119,038
Walk: 11.8
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