Nursing Care Facilities Market: ZIP 10968
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10968 is an urban area. with a population of 2,406 and household incomes well above the national median ($132,105).
Area Profile
2,406
Population
$132,105
Median Income
+77% vs. national
Urban
Area Type
Median Age: 50.6 —
older demographic, may prefer sit-down options.
College-Educated: 51.9% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,990
2BR Fair Market Rent
$2,019
Median Gross Rent
$620 K
Median Home Value
1
Bank Branches
$47 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.
- The median income here is $132,105. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+77% vs. $74,580
Nearby Markets
10976
1.1 mi
Pop: 2,215
$95,956
Walk: 7.5
10964
1.5 mi
Pop: 1,395
10983
1.9 mi
Pop: 5,489
$178,664
Walk: 7.8
07647
2.4 mi
Pop: 5,301
$118,614
Walk: 9.9
10962
2.9 mi
Pop: 4,921
$171,389
Walk: 7.7
10913
3.3 mi
Pop: 5,333
$175,000
10503
3.3 mi
Pop: 127
$250,001
10960
3.6 mi
Pop: 15,277
$126,404
Walk: 10.2
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