Nursing Care Facilities Market: ZIP 11021
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11021 is an urban area with high foot traffic. with a population of 19,474 and household incomes well above the national median ($122,390).
Area Profile
19,474
Population
$122,390
Median Income
+64% vs. national
Urban
Area Type
15.5/20
Foot Traffic
Very Walkable
Median Age: 46.9 —
older demographic, may prefer sit-down options.
College-Educated: 48.7% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 11021.
7
Home Health Agencies
3.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,540
2BR Fair Market Rent
$2,184
Median Gross Rent
$730 K
Median Home Value
18
Bank Branches
$5.7 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 $122,390. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 7
- Bank Branches
- 18
vs. National Average
Median Income
+64% vs. $74,580
Walkability
+5.0 pts vs. national avg
Nearby Markets
11023
1.0 mi
Pop: 9,824
$151,544
Walk: 14.8
11363
1.3 mi
Pop: 7,515
$110,833
Walk: 13.2
11020
1.5 mi
Pop: 5,986
$169,265
11362
1.7 mi
Pop: 18,156
$118,989
Walk: 15.1
11024
2.3 mi
Pop: 8,821
$170,476
Walk: 15.6
11005
2.3 mi
Pop: 2,195
$91,719
Walk: 11.2
11042
2.9 mi
Pop: 232
Walk: 14.5
11030
3.0 mi
Pop: 17,703
$247,393
Walk: 15.1
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