Nursing Care Facilities Market: ZIP 11208
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11208 is an urban area with moderate foot traffic. with a population of 106,901 and household incomes near the national median ($59,988).
Area Profile
106,901
Population
$59,988
Median Income
-20% vs. national
Urban
Area Type
13.3/20
Foot Traffic
Walkable
Median Age: 34.3 —
mixed-age market, broad menu appeal.
College-Educated: 10.2% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 11208.
3
Home Health Agencies
0.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,480
2BR Fair Market Rent
$1,563
Median Gross Rent
$640 K
Median Home Value
4
Bank Branches
$780 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
- 3
- Bank Branches
- 4
vs. National Average
Median Income
-20% vs. $74,580
Walkability
+2.8 pts vs. national avg
Nearby Markets
11207
1.5 mi
Pop: 93,445
$55,419
Walk: 13.6
11421
1.6 mi
Pop: 41,937
$89,439
Walk: 14.1
11416
1.7 mi
Pop: 26,660
$85,544
Walk: 15.3
11417
1.9 mi
Pop: 30,091
$86,330
Walk: 14.8
11239
2.0 mi
Pop: 16,047
$35,675
Walk: 13.9
11385
2.1 mi
Pop: 103,865
$87,365
Walk: 14.6
11414
2.2 mi
Pop: 31,090
$98,209
Walk: 13.0
11212
2.9 mi
Pop: 87,946
$40,060
Walk: 13.7
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