Nursing Care Facilities Market: ZIP 10302
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10302 is an urban area. with a population of 19,693 and household incomes above the national median ($76,089).
Area Profile
19,693
Population
$76,089
Median Income
+2% vs. national
Urban
Area Type
Median Age: 34.8 —
mixed-age market, broad menu appeal.
College-Educated: 19.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,480
2BR Fair Market Rent
$1,800
Median Gross Rent
$590 K
Median Home Value
7
Bank Branches
$1.1 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 7
vs. National Average
Median Income
+2% vs. $74,580
Nearby Markets
10310
1.5 mi
Pop: 25,824
$106,118
Walk: 15.4
10303
2.5 mi
Pop: 25,993
$79,429
Walk: 13.1
10314
2.8 mi
Pop: 93,539
$104,655
Walk: 14.4
07002
2.9 mi
Pop: 70,468
$81,285
Walk: 13.7
10301
3.0 mi
Pop: 39,799
$84,937
Walk: 12.9
10311
3.4 mi
Pop: 0
07206
3.5 mi
Pop: 31,120
$60,992
Walk: 11.5
10304
3.5 mi
Pop: 45,843
$71,506
Walk: 13.9
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