Nursing Care Facilities Market: ZIP 10594
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10594 is an urban area with high foot traffic. with a population of 5,512 and household incomes well above the national median ($166,417).
Area Profile
5,512
Population
$166,417
Median Income
+123% vs. national
Urban
Area Type
15.0/20
Foot Traffic
Very Walkable
Median Age: 41.0 —
older demographic, may prefer sit-down options.
College-Educated: 33.4% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,820
2BR Fair Market Rent
$2,148
Median Gross Rent
$680 K
Median Home Value
8
Bank Branches
$1.7 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 $166,417. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Bank Branches
- 8
vs. National Average
Median Income
+123% vs. $74,580
Walkability
+4.5 pts vs. national avg
Nearby Markets
10570
1.5 mi
Pop: 13,391
$188,262
10595
2.1 mi
Pop: 7,180
$108,750
Walk: 11.8
10532
2.3 mi
Pop: 5,253
$134,662
10604
3.5 mi
Pop: 12,192
$111,131
Walk: 11.0
10514
3.9 mi
Pop: 12,227
$250,001
10603
4.3 mi
Pop: 19,201
$121,450
Walk: 13.9
10504
4.5 mi
Pop: 7,853
$247,433
10510
4.8 mi
Pop: 10,027
$215,568
Walk: 10.9
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