Nursing Care Facilities Market: ZIP 11729
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11729 is an urban area with low foot traffic. with a population of 26,647 and household incomes well above the national median ($138,350).
Area Profile
26,647
Population
$138,350
Median Income
+86% vs. national
Urban
Area Type
9.1/20
Foot Traffic
Very Car-Dependent
Median Age: 42.2 —
older demographic, may prefer sit-down options.
College-Educated: 25.7% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,260
2BR Fair Market Rent
$1,889
Median Gross Rent
$500 K
Median Home Value
7
Bank Branches
$1.3 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 $138,350. 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
- 7
vs. National Average
Median Income
+86% vs. $74,580
Walkability
-1.4 pts vs. national avg
Nearby Markets
11703
2.0 mi
Pop: 17,205
$130,140
Walk: 10.1
11798
3.7 mi
Walk: 9.6
11704
3.9 mi
Pop: 40,285
$127,034
Walk: 10.7
11795
4.1 mi
Pop: 25,063
$171,068
Walk: 8.1
11746
4.5 mi
Pop: 66,883
$158,309
Walk: 9.0
11717
5.3 mi
Walk: 8.3
11718
5.4 mi
Pop: 3,185
$203,750
Walk: 10.0
11757
6.0 mi
Pop: 44,571
$128,081
Walk: 12.0
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