Nursing Care Facilities Market: ZIP 11101
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11101 is an urban area with moderate foot traffic. with a population of 39,007 and household incomes well above the national median ($116,807).
Area Profile
39,007
Population
$116,807
Median Income
+57% vs. national
Urban
Area Type
10.4/20
Foot Traffic
Walkable
Median Age: 33.4 —
mixed-age market, broad menu appeal.
College-Educated: 51.4% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 11101.
6
Home Health Agencies
1.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,140
2BR Fair Market Rent
$2,740
Median Gross Rent
$1 M
Median Home Value
7
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 $116,807. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 6
- Bank Branches
- 7
vs. National Average
Median Income
+57% vs. $74,580
Walkability
-0.1 pts vs. national avg
Nearby Markets
11106
1.2 mi
Pop: 40,657
$85,573
Walk: 14.4
11109
1.2 mi
Pop: 7,388
$198,773
10044
1.2 mi
Pop: 11,998
$106,146
Walk: 12.6
11104
1.3 mi
Pop: 26,825
$84,716
Walk: 12.1
11222
1.4 mi
Pop: 41,418
$123,963
Walk: 15.0
10162
1.7 mi
Pop: 1,769
$110,349
11102
1.9 mi
Pop: 28,349
$102,996
Walk: 14.2
10065
2.0 mi
Pop: 31,047
$160,938
Walk: 12.5
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