Nursing Care Facilities Market: ZIP 11934
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11934 is an urban area. with a population of 8,222 and household incomes well above the national median ($154,588).
Area Profile
8,222
Population
$154,588
Median Income
+107% vs. national
Urban
Area Type
Median Age: 42.0 —
older demographic, may prefer sit-down options.
College-Educated: 26.5% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,490
2BR Fair Market Rent
$1,853
Median Gross Rent
$560 K
Median Home Value
2
Bank Branches
$370 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 $154,588. 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
+107% vs. $74,580
Nearby Markets
11955
2.1 mi
Pop: 2,626
$77,692
Walk: 6.6
11940
2.7 mi
Pop: 5,508
$121,250
Walk: 7.5
11950
3.6 mi
Pop: 16,944
$105,593
Walk: 6.3
11951
3.8 mi
Pop: 15,830
$108,877
Walk: 7.2
11949
4.5 mi
Pop: 13,159
$135,000
Walk: 6.5
11941
5.3 mi
Pop: 2,472
$124,095
11967
5.7 mi
Pop: 27,266
$106,810
Walk: 6.8
11960
6.2 mi
Pop: 1,037
$216,989
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