Nursing Care Facilities Market: ZIP 11429
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11429 is an urban area with moderate foot traffic. with a population of 27,933 and household incomes above the national median ($98,232).
Area Profile
27,933
Population
$98,232
Median Income
+32% vs. national
Urban
Area Type
14.8/20
Foot Traffic
Very Car-Dependent
Median Age: 42.3 —
older demographic, may prefer sit-down options.
College-Educated: 19.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,480
2BR Fair Market Rent
$1,605
Median Gross Rent
$650 K
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+32% vs. $74,580
Walkability
+4.3 pts vs. national avg
Nearby Markets
11428
0.8 mi
Pop: 18,898
$84,977
Walk: 13.9
11411
1.1 mi
Pop: 20,501
$118,393
Walk: 13.7
11412
1.6 mi
Pop: 41,350
$98,418
Walk: 14.4
11427
1.6 mi
Pop: 25,124
$92,129
Walk: 14.1
11423
2.1 mi
Pop: 29,105
$80,870
Walk: 13.7
11426
2.2 mi
Pop: 19,638
$107,591
Walk: 14.6
11003
2.3 mi
Pop: 44,716
$123,000
Walk: 14.2
11001
2.5 mi
Pop: 25,714
$144,755
Walk: 15.1
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