Nursing Care Facilities Market: ZIP 11370
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11370 is an urban area with moderate foot traffic. with a population of 28,762 and household incomes above the national median ($74,895).
Area Profile
28,762
Population
$74,895
Median Income
+0% vs. national
Urban
Area Type
13.8/20
Foot Traffic
Walkable
Median Age: 40.3 —
older demographic, may prefer sit-down options.
College-Educated: 18.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,820
2BR Fair Market Rent
$2,071
Median Gross Rent
$840 K
Median Home Value
2
Bank Branches
$360 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
- Bank Branches
- 2
vs. National Average
Median Income
+0% vs. $74,580
Walkability
+3.3 pts vs. national avg
Nearby Markets
11372
1.2 mi
Pop: 66,995
$77,133
Walk: 15.2
11105
1.3 mi
Pop: 38,507
$100,306
Walk: 13.3
11103
1.3 mi
Pop: 35,357
$92,787
Walk: 14.0
11369
1.5 mi
Pop: 33,354
$80,577
Walk: 14.8
11377
1.6 mi
Pop: 83,545
$73,292
Walk: 14.1
11371
1.6 mi
Pop: 0
Walk: 5.7
11373
2.1 mi
Pop: 99,433
$71,470
Walk: 14.7
11102
2.2 mi
Pop: 28,349
$102,996
Walk: 14.2
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