Nursing Care Facilities Market: ZIP 11771
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11771 is an urban area with low foot traffic. with a population of 10,173 and household incomes well above the national median ($163,134).
Area Profile
10,173
Population
$163,134
Median Income
+119% vs. national
Urban
Area Type
9.4/20
Foot Traffic
Very Car-Dependent
Median Age: 41.8 —
older demographic, may prefer sit-down options.
College-Educated: 40.8% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,360
2BR Fair Market Rent
$1,961
Median Gross Rent
$920 K
Median Home Value
2
Bank Branches
$310 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 $163,134. 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
- 2
vs. National Average
Median Income
+119% vs. $74,580
Walkability
-1.1 pts vs. national avg
Nearby Markets
11732
2.4 mi
Pop: 3,546
$120,707
11765
2.4 mi
Pop: 808
$250,001
11709
3.2 mi
Pop: 6,744
$143,571
Walk: 9.5
11791
3.5 mi
Pop: 25,194
$204,357
Walk: 8.8
11560
4.4 mi
Pop: 6,951
$159,545
Walk: 11.8
11724
4.8 mi
Pop: 2,956
$250,001
11797
5.2 mi
Pop: 9,338
$183,472
Walk: 9.4
11545
5.5 mi
Pop: 11,963
$164,583
Walk: 11.6
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