Nursing Care Facilities Market: ZIP 11770
Opportunity Score
45
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11770 is an urban area with moderate foot traffic. with a population of 124 and household incomes well above the national median ($101,250).
Area Profile
124
Population
$101,250
Median Income
+36% vs. national
Urban
Area Type
10.0/20
Foot Traffic
Walkable
Median Age: 48.5 —
older demographic, may prefer sit-down options.
College-Educated: 9.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,360
2BR Fair Market Rent
$730 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 $101,250. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
vs. National Average
Median Income
+36% vs. $74,580
Walkability
-0.5 pts vs. national avg
Nearby Markets
11739
4.6 mi
Pop: 1,191
$133,393
Walk: 8.3
11769
5.9 mi
Pop: 9,031
$128,419
Walk: 7.2
11730
6.2 mi
Pop: 14,376
$146,190
Walk: 7.0
11796
6.3 mi
Pop: 3,715
$162,443
Walk: 9.0
11782
7.3 mi
Pop: 14,537
$144,786
Walk: 8.6
11751
7.5 mi
Pop: 13,152
$116,328
Walk: 9.5
11752
7.9 mi
Pop: 8,990
$148,538
Walk: 7.0
11706
8.2 mi
Pop: 68,648
$115,112
Walk: 7.4
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