Nursing Care Facilities Market: ZIP 10022
Opportunity Score
87
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10022 is an urban area with moderate foot traffic. with a population of 34,340 and household incomes well above the national median ($171,038).
Area Profile
34,340
Population
$171,038
Median Income
+129% vs. national
Urban
Area Type
12.2/20
Foot Traffic
Walkable
Median Age: 47.1 —
older demographic, may prefer sit-down options.
College-Educated: 70.8% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 10022.
9
Home Health Agencies
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,870
2BR Fair Market Rent
$2,928
Median Gross Rent
$1.1 M
Median Home Value
57
Bank Branches
$80 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 $171,038. 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
- 57
vs. National Average
Median Income
+129% vs. $74,580
Walkability
+1.7 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