Nursing Care Facilities Market: ZIP 11768
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11768 is an urban area with low foot traffic. with a population of 21,908 and household incomes well above the national median ($163,435).
Area Profile
21,908
Population
$163,435
Median Income
+119% vs. national
Urban
Area Type
7.4/20
Foot Traffic
Car-Dependent
Median Age: 50.0 —
older demographic, may prefer sit-down options.
College-Educated: 45.9% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 11768.
3
Home Health Agencies
1.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,780
2BR Fair Market Rent
$2,222
Median Gross Rent
$780 K
Median Home Value
7
Bank Branches
$1 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 $163,435. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 7
vs. National Average
Median Income
+119% vs. $74,580
Walkability
-3.2 pts vs. national avg
Nearby Markets
11721
2.7 mi
Pop: 6,620
$206,250
11740
4.3 mi
Pop: 10,699
$161,705
Walk: 11.5
11731
4.5 mi
Pop: 29,891
$158,819
Walk: 8.9
11743
6.4 mi
Pop: 42,423
$173,014
Walk: 8.9
11754
6.7 mi
Pop: 17,660
$123,406
Walk: 8.5
11725
7.0 mi
Pop: 29,050
$168,324
Walk: 8.0
11746
7.7 mi
Pop: 66,883
$158,309
Walk: 9.0
11724
9.1 mi
Pop: 2,956
$250,001
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