Nursing Care Facilities Market: ZIP 11742
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11742 is an urban area with low foot traffic. with a population of 13,194 and household incomes well above the national median ($126,563).
Area Profile
13,194
Population
$126,563
Median Income
+70% vs. national
Urban
Area Type
8.2/20
Foot Traffic
Car-Dependent
Median Age: 40.0 —
older demographic, may prefer sit-down options.
College-Educated: 24.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,640
2BR Fair Market Rent
$2,224
Median Gross Rent
$480 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.
- The median income here is $126,563. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
vs. National Average
Median Income
+70% vs. $74,580
Walkability
-2.3 pts vs. national avg
Nearby Markets
11738
1.9 mi
Pop: 20,246
$139,008
11741
2.2 mi
Pop: 26,356
$138,417
Walk: 7.9
11784
4.0 mi
Pop: 25,986
$105,268
Walk: 7.8
11715
4.1 mi
Pop: 3,796
$157,905
11763
4.2 mi
Pop: 30,235
$119,286
Walk: 7.4
11705
4.7 mi
Pop: 8,256
$161,214
11772
5.0 mi
Pop: 45,006
$105,246
Walk: 7.8
11779
5.0 mi
Pop: 38,273
$117,684
Walk: 9.1
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