Nursing Care Facilities Market: ZIP 12202
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 12202 is an urban area with high foot traffic. with a population of 9,500 and household incomes below the national median ($49,684).
Area Profile
9,500
Population
$49,684
Median Income
-33% vs. national
Urban
Area Type
15.2/20
Foot Traffic
Very Walkable
Median Age: 35.0 —
mixed-age market, broad menu appeal.
College-Educated: 22.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,250
2BR Fair Market Rent
$1,012
Median Gross Rent
$140 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
vs. National Average
Median Income
-33% vs. $74,580
Walkability
+4.7 pts vs. national avg
Nearby Markets
12210
1.5 mi
Pop: 9,725
$55,873
Walk: 14.4
12207
1.6 mi
Pop: 2,097
$32,418
Walk: 13.5
12209
2.1 mi
Pop: 10,754
$81,642
Walk: 13.1
12144
3.0 mi
Pop: 21,631
$88,357
Walk: 12.9
12206
3.1 mi
Pop: 14,592
$38,931
Walk: 15.9
12077
3.5 mi
Pop: 6,733
$125,370
Walk: 10.4
12208
3.7 mi
Pop: 23,936
$69,505
Walk: 12.0
12204
4.3 mi
Pop: 8,423
$75,197
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