Nursing Care Facilities Market: ZIP 11788
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11788 is an urban area with low foot traffic. with a population of 17,092 and household incomes well above the national median ($148,946).
Area Profile
17,092
Population
$148,946
Median Income
+100% vs. national
Urban
Area Type
8.0/20
Foot Traffic
Car-Dependent
Median Age: 42.6 —
older demographic, may prefer sit-down options.
College-Educated: 35.0% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 11788.
10
Home Health Agencies
5.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,030
2BR Fair Market Rent
$2,689
Median Gross Rent
$640 K
Median Home Value
15
Bank Branches
$4.7 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 $148,946. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 10
- Bank Branches
- 15
vs. National Average
Median Income
+100% vs. $74,580
Walkability
-2.5 pts vs. national avg
Nearby Markets
11787
2.4 mi
Pop: 34,656
$141,505
Walk: 8.3
11722
2.6 mi
Pop: 38,443
$110,365
Walk: 8.5
11749
3.0 mi
Pop: 3,581
$112,435
11717
3.6 mi
Walk: 8.3
11752
4.9 mi
Pop: 8,990
$148,538
Walk: 7.0
11725
4.9 mi
Pop: 29,050
$168,324
Walk: 8.0
11767
5.1 mi
Pop: 14,495
$148,762
Walk: 7.4
11754
5.3 mi
Pop: 17,660
$123,406
Walk: 8.5
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