Nursing Care Facilities Market: ZIP 10710
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10710 is an urban area with moderate foot traffic. with a population of 25,684 and household incomes well above the national median ($100,783).
Area Profile
25,684
Population
$100,783
Median Income
+35% vs. national
Urban
Area Type
13.7/20
Foot Traffic
Walkable
Median Age: 44.0 —
older demographic, may prefer sit-down options.
College-Educated: 31.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,420
2BR Fair Market Rent
$1,797
Median Gross Rent
$530 K
Median Home Value
10
Bank Branches
$1.6 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 $100,783. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 10
vs. National Average
Median Income
+35% vs. $74,580
Walkability
+3.2 pts vs. national avg
Nearby Markets
10707
1.7 mi
Pop: 9,755
$141,837
Walk: 10.6
10706
2.2 mi
Pop: 9,119
$177,031
Walk: 12.1
10708
2.4 mi
Pop: 21,946
$121,107
Walk: 14.4
10703
2.6 mi
Pop: 22,135
$74,940
Walk: 13.6
10709
2.8 mi
Pop: 10,274
$175,424
Walk: 15.3
10502
2.9 mi
Pop: 5,875
$250,001
10701
2.9 mi
Pop: 70,054
$63,310
Walk: 14.0
10522
3.0 mi
Pop: 11,464
$167,927
Walk: 13.6
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