Nursing Care Facilities Market: ZIP 11764
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11764 is an urban area. with a population of 12,530 and household incomes well above the national median ($142,344).
Area Profile
12,530
Population
$142,344
Median Income
+91% vs. national
Urban
Area Type
Median Age: 42.3 —
older demographic, may prefer sit-down options.
College-Educated: 32.5% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,830
2BR Fair Market Rent
$1,221
Median Gross Rent
$590 K
Median Home Value
2
Bank Branches
$280 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 $142,344. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 2
vs. National Average
Median Income
+91% vs. $74,580
Nearby Markets
11789
2.2 mi
Pop: 7,447
$140,665
Walk: 9.0
11778
2.8 mi
Pop: 12,919
$119,656
Walk: 8.3
11953
3.0 mi
Pop: 13,383
$92,049
Walk: 6.9
11766
3.2 mi
Pop: 11,481
$157,564
Walk: 7.1
11727
4.0 mi
Pop: 29,393
$101,515
Walk: 6.8
11776
5.1 mi
Pop: 23,629
$119,480
Walk: 6.9
11786
6.0 mi
Pop: 6,348
$161,250
11961
6.3 mi
Pop: 12,436
$86,134
Walk: 5.7
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