Nursing Care Facilities Market: ZIP 11363
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11363 is an urban area with moderate foot traffic. with a population of 7,515 and household incomes well above the national median ($110,833).
Area Profile
7,515
Population
$110,833
Median Income
+49% vs. national
Urban
Area Type
13.2/20
Foot Traffic
Walkable
Median Age: 49.6 —
older demographic, may prefer sit-down options.
College-Educated: 41.6% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,260
2BR Fair Market Rent
$2,235
Median Gross Rent
$1 M
Median Home Value
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 $110,833. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
vs. National Average
Median Income
+49% vs. $74,580
Walkability
+2.7 pts vs. national avg
Nearby Markets
11362
1.3 mi
Pop: 18,156
$118,989
Walk: 15.1
11021
1.3 mi
Pop: 19,474
$122,390
Walk: 15.5
11364
1.9 mi
Pop: 36,417
$101,222
Walk: 13.9
11361
1.9 mi
Pop: 30,402
$108,391
Walk: 15.1
11023
2.0 mi
Pop: 9,824
$151,544
Walk: 14.8
11020
2.2 mi
Pop: 5,986
$169,265
11359
2.5 mi
Pop: 0
Walk: 11.7
11005
2.5 mi
Pop: 2,195
$91,719
Walk: 11.2
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