Nursing Care Facilities Market: ZIP 11432
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11432 is an urban area with high foot traffic. with a population of 63,730 and household incomes above the national median ($75,395). There are 4 nursing care facilities operations in ZIP 11432.
Area Profile
63,730
Population
$75,395
Median Income
+1% vs. national
Urban
Area Type
15.1/20
Foot Traffic
Very Walkable
Median Age: 39.6 —
mixed-age market, broad menu appeal.
College-Educated: 24.7% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 11432.
4
Nursing Care Facilities
Low competition — room to establish
0.6 per 10K residents
11
Home Health Agencies
1.7 per 10K residents
What this means:
Nursing Care Facilities are 26.7% of the relevant market in ZIP 11432 (4 vs. 11 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,700
2BR Fair Market Rent
$1,841
Median Gross Rent
$830 K
Median Home Value
8
Bank Branches
$1.6 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 Walkable
- Nursing Care Facilities
- 4
- Related Businesses
- 11
- Bank Branches
- 8
vs. National Average
Median Income
+1% vs. $74,580
Walkability
+4.6 pts vs. national avg
Nearby Markets
11439
0.5 mi
Pop: 2,171
Walk: 10.9
11451
1.0 mi
Pop: 0
Walk: 12.2
11433
1.2 mi
Pop: 37,777
$71,177
Walk: 15.6
11366
1.4 mi
Pop: 12,967
$117,402
Walk: 14.0
11435
1.5 mi
Pop: 58,424
$79,430
Walk: 14.8
11365
1.7 mi
Pop: 43,258
$85,375
Walk: 14.9
11423
1.7 mi
Pop: 29,105
$80,870
Walk: 13.7
11367
2.3 mi
Pop: 42,210
$75,804
Walk: 13.7
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