Nursing Care Facilities Market: ZIP 11206
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11206 is an urban area with moderate foot traffic. with a population of 89,231 and household incomes near the national median ($57,280).
Area Profile
89,231
Population
$57,280
Median Income
-23% vs. national
Urban
Area Type
13.4/20
Foot Traffic
Walkable
Median Age: 30.7 —
mixed-age market, broad menu appeal.
College-Educated: 22.7% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 11206.
6
Home Health Agencies
0.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,480
2BR Fair Market Rent
$1,558
Median Gross Rent
$820 K
Median Home Value
5
Bank Branches
$660 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 6
- Bank Branches
- 5
vs. National Average
Median Income
-23% vs. $74,580
Walkability
+2.9 pts vs. national avg
Nearby Markets
11211
0.9 mi
Pop: 65,691
$105,183
Walk: 14.5
11221
1.3 mi
Pop: 90,750
$85,122
Walk: 11.6
11237
1.5 mi
Pop: 45,233
$82,570
Walk: 13.2
11216
1.5 mi
Pop: 59,913
$95,000
Walk: 11.7
11249
1.6 mi
Pop: 45,353
$121,400
Walk: 14.9
11222
1.8 mi
Pop: 41,418
$123,963
Walk: 15.0
11205
1.8 mi
Pop: 50,205
$86,753
Walk: 14.3
11213
2.2 mi
Pop: 69,630
$62,040
Walk: 12.3
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