Nursing Care Facilities Market: ZIP 11355
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11355 is an urban area with moderate foot traffic. with a population of 79,802 and household incomes near the national median ($53,700).
Area Profile
79,802
Population
$53,700
Median Income
-28% vs. national
Urban
Area Type
14.3/20
Foot Traffic
Very Car-Dependent
Median Age: 46.7 —
older demographic, may prefer sit-down options.
College-Educated: 18.6% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 11355.
8
Home Health Agencies
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,570
2BR Fair Market Rent
$1,664
Median Gross Rent
$710 K
Median Home Value
14
Bank Branches
$3.6 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 8
- Bank Branches
- 14
vs. National Average
Median Income
-28% vs. $74,580
Walkability
+3.8 pts vs. national avg
Nearby Markets
11354
1.2 mi
Pop: 52,325
$62,833
Walk: 15.7
11367
1.5 mi
Pop: 42,210
$75,804
Walk: 13.7
11358
1.8 mi
Pop: 36,496
$88,729
Walk: 16.2
11365
2.0 mi
Pop: 43,258
$85,375
Walk: 14.9
11368
2.2 mi
Pop: 107,060
$71,798
Walk: 13.6
11357
2.4 mi
Pop: 42,341
$97,754
Walk: 13.3
11375
2.5 mi
Pop: 75,320
$104,319
Walk: 14.5
11424
2.6 mi
Pop: 0
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