Nursing Care Facilities Market: ZIP 10017
Opportunity Score
85
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10017 is an urban area with moderate foot traffic. with a population of 14,985 and household incomes well above the national median ($132,518).
Area Profile
14,985
Population
$132,518
Median Income
+78% vs. national
Urban
Area Type
11.5/20
Foot Traffic
Walkable
Median Age: 41.4 —
older demographic, may prefer sit-down options.
College-Educated: 75.5% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 10017.
9
Home Health Agencies
6.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,870
2BR Fair Market Rent
$2,980
Median Gross Rent
$810 K
Median Home Value
27
Bank Branches
$620 M deposits
Tips for Starting a Elder Care Business in New York
- 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 $132,518. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 9
- Bank Branches
- 27
vs. National Average
Median Income
+78% vs. $74,580
Walkability
+1.0 pts vs. national avg
Nearby Markets
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