Nursing Care Facilities Market: ZIP 11554
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11554 is an urban area with moderate foot traffic. with a population of 35,806 and household incomes well above the national median ($128,770).
Area Profile
35,806
Population
$128,770
Median Income
+73% vs. national
Urban
Area Type
14.8/20
Foot Traffic
Very Car-Dependent
Median Age: 43.8 —
older demographic, may prefer sit-down options.
College-Educated: 32.1% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,250
2BR Fair Market Rent
$2,539
Median Gross Rent
$610 K
Median Home Value
8
Bank Branches
$2.3 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.
- The median income here is $128,770. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 8
vs. National Average
Median Income
+73% vs. $74,580
Walkability
+4.3 pts vs. national avg
Nearby Markets
11556
1.7 mi
Pop: 0
Walk: 15.8
11553
2.5 mi
Pop: 28,344
$105,994
Walk: 14.5
11590
2.6 mi
Pop: 48,243
$149,250
Walk: 14.1
11549
2.8 mi
Pop: 2,420
11756
3.0 mi
Pop: 42,553
$139,901
Walk: 13.8
11575
3.3 mi
Pop: 19,430
$133,534
Walk: 14.0
11710
3.7 mi
Pop: 34,459
$173,136
Walk: 14.8
11801
3.8 mi
Pop: 41,792
$147,945
Walk: 14.3
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