Nursing Care Facilities Market: ZIP 12204
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 12204 is an urban area. with a population of 8,423 and household incomes above the national median ($75,197).
Area Profile
8,423
Population
$75,197
Median Income
+1% vs. national
Urban
Area Type
Median Age: 33.7 —
mixed-age market, broad menu appeal.
College-Educated: 26.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,530
2BR Fair Market Rent
$1,294
Median Gross Rent
$230 K
Median Home Value
1
Bank Branches
$41 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
- Bank Branches
- 1
vs. National Average
Median Income
+1% vs. $74,580
Nearby Markets
12211
2.4 mi
Pop: 13,800
$145,709
Walk: 11.8
12207
2.7 mi
Pop: 2,097
$32,418
Walk: 13.5
12210
2.9 mi
Pop: 9,725
$55,873
Walk: 14.4
12189
3.3 mi
Pop: 18,205
$62,763
Walk: 14.0
12206
3.5 mi
Pop: 14,592
$38,931
Walk: 15.9
12202
4.3 mi
Pop: 9,500
$49,684
Walk: 15.2
12144
4.5 mi
Pop: 21,631
$88,357
Walk: 12.9
12183
4.8 mi
Pop: 2,966
$70,281
Walk: 14.7
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