Nursing Care Facilities Market: ZIP 11722
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11722 is an urban area with low foot traffic. with a population of 38,443 and household incomes well above the national median ($110,365).
Area Profile
38,443
Population
$110,365
Median Income
+48% vs. national
Urban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Median Age: 34.1 —
mixed-age market, broad menu appeal.
College-Educated: 11.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,600
2BR Fair Market Rent
$2,094
Median Gross Rent
$410 K
Median Home Value
2
Bank Branches
$340 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.
- The median income here is $110,365. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
+48% vs. $74,580
Walkability
-2.1 pts vs. national avg
Nearby Markets
11752
2.3 mi
Pop: 8,990
$148,538
Walk: 7.0
11749
2.4 mi
Pop: 3,581
$112,435
11788
2.6 mi
Pop: 17,092
$148,946
Walk: 8.0
11717
3.8 mi
Walk: 8.3
11730
3.9 mi
Pop: 14,376
$146,190
Walk: 7.0
11751
3.9 mi
Pop: 13,152
$116,328
Walk: 9.5
11716
4.3 mi
Pop: 9,750
$120,344
11787
4.9 mi
Pop: 34,656
$141,505
Walk: 8.3
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