Nursing Care Facilities Market: ZIP 11105
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11105 is an urban area with moderate foot traffic. with a population of 38,507 and household incomes well above the national median ($100,306).
Area Profile
38,507
Population
$100,306
Median Income
+34% vs. national
Urban
Area Type
13.3/20
Foot Traffic
Walkable
Median Age: 36.2 —
mixed-age market, broad menu appeal.
College-Educated: 42.5% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,140
2BR Fair Market Rent
$2,211
Median Gross Rent
$1.1 M
Median Home Value
11
Bank Branches
$2.1 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 $100,306. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 11
vs. National Average
Median Income
+34% vs. $74,580
Walkability
+2.8 pts vs. national avg
Nearby Markets
11103
1.2 mi
Pop: 35,357
$92,787
Walk: 14.0
11370
1.3 mi
Pop: 28,762
$74,895
Walk: 13.8
11102
1.4 mi
Pop: 28,349
$102,996
Walk: 14.2
10454
2.0 mi
Pop: 40,368
$27,500
Walk: 12.7
10035
2.0 mi
Pop: 39,082
$40,556
Walk: 11.8
11106
2.1 mi
Pop: 40,657
$85,573
Walk: 14.4
11371
2.3 mi
Pop: 0
Walk: 5.7
11377
2.4 mi
Pop: 83,545
$73,292
Walk: 14.1
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