Nursing Care Facilities Market: ZIP 07940
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07940 is an urban area with moderate foot traffic. with a population of 17,675 and household incomes well above the national median ($168,520). There are 3 nursing care facilities operations in ZIP 07940.
Area Profile
17,675
Population
$168,520
Median Income
+126% vs. national
Urban
Area Type
11.1/20
Foot Traffic
Walkable
Median Age: 35.2 —
mixed-age market, broad menu appeal.
College-Educated: 41.9% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 07940.
3
Nursing Care Facilities
Low competition — room to establish
1.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,960
2BR Fair Market Rent
$2,248
Median Gross Rent
$880 K
Median Home Value
8
Bank Branches
$1.3 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Nursing Care Facilities
- 3
- Bank Branches
- 8
vs. National Average
Median Income
+126% vs. $74,580
Walkability
+0.6 pts vs. national avg
Nearby Markets
07961
1.8 mi
Pop: 342
07932
2.2 mi
Pop: 11,498
$147,009
Walk: 11.6
07928
2.5 mi
Pop: 19,667
$236,000
Walk: 11.3
07935
2.8 mi
Pop: 597
$104,519
07981
4.4 mi
Pop: 8,908
$153,329
Walk: 10.3
07974
4.5 mi
Pop: 12,737
$168,860
Walk: 10.6
07976
4.7 mi
Pop: 330
$110,985
Walk: 7.6
07901
4.8 mi
Pop: 24,502
$177,986
Walk: 12.5
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