ElderCareCost
Showing results for ZIP 14141 (NY)
Home ZIP 12184

Nursing Care Facilities Market: ZIP 12184

Opportunity Score
65 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 12184 is an urban area with low foot traffic. with a population of 7,547 and household incomes above the national median ($91,616).

Area Profile

7,547
Population
$91,616
Median Income
+23% vs. national
Urban
Area Type
5.7/20
Foot Traffic
Very Car-Dependent
Median Age: 46.9 — older demographic, may prefer sit-down options.
College-Educated: 28.6% — balanced market for quality & value.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,260
2BR Fair Market Rent
$1,131
Median Gross Rent
$310 K
Median Home Value
4
Bank Branches
$240 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.

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Bank Branches
4

vs. National Average

Median Income
+23% vs. $74,580
Walkability
-4.8 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits