Nursing Care Facilities Market: ZIP 11417
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11417 is an urban area with moderate foot traffic. with a population of 30,091 and household incomes above the national median ($86,330).
Area Profile
30,091
Population
$86,330
Median Income
+16% vs. national
Urban
Area Type
14.8/20
Foot Traffic
Very Car-Dependent
Median Age: 39.2 —
mixed-age market, broad menu appeal.
College-Educated: 17.2% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 11417.
4
Home Health Agencies
1.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,630
2BR Fair Market Rent
$1,853
Median Gross Rent
$730 K
Median Home Value
2
Bank Branches
$290 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
- Very Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 2
vs. National Average
Median Income
+16% vs. $74,580
Walkability
+4.3 pts vs. national avg
Nearby Markets
11416
0.7 mi
Pop: 26,660
$85,544
Walk: 15.3
11414
1.3 mi
Pop: 31,090
$98,209
Walk: 13.0
11421
1.6 mi
Pop: 41,937
$89,439
Walk: 14.1
11419
1.7 mi
Pop: 46,938
$91,231
Walk: 14.6
11418
1.8 mi
Pop: 36,304
$84,927
Walk: 14.6
11208
1.9 mi
Pop: 106,901
$59,988
Walk: 13.3
11420
1.9 mi
Pop: 50,060
$98,584
Walk: 14.2
11239
2.4 mi
Pop: 16,047
$35,675
Walk: 13.9
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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