Nursing Care Facilities Market: ZIP 10472
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10472 is an urban area with moderate foot traffic. with a population of 63,820 and household incomes below the national median ($43,125).
Area Profile
63,820
Population
$43,125
Median Income
-42% vs. national
Urban
Area Type
12.1/20
Foot Traffic
Walkable
Median Age: 33.2 —
mixed-age market, broad menu appeal.
College-Educated: 8.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,480
2BR Fair Market Rent
$1,445
Median Gross Rent
$630 K
Median Home Value
4
Bank Branches
$530 K 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.
- Median income sits at $43,125. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 4
vs. National Average
Median Income
-42% vs. $74,580
Walkability
+1.6 pts vs. national avg
Nearby Markets
10462
1.1 mi
Pop: 75,452
$63,460
Walk: 12.7
10460
1.1 mi
Pop: 61,101
$36,067
Walk: 12.8
10473
1.1 mi
Pop: 59,778
$50,609
Walk: 11.7
10459
1.7 mi
Pop: 49,753
$39,276
Walk: 13.3
10474
1.7 mi
Pop: 11,188
$41,279
Walk: 12.7
10461
2.3 mi
Pop: 50,900
$65,023
Walk: 14.1
10457
2.3 mi
Pop: 79,375
$44,911
Walk: 13.1
10458
2.6 mi
Pop: 78,741
$42,107
Walk: 13.2
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