Nursing Care Facilities Market: ZIP 12563
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 12563 is an urban area with low foot traffic. with a population of 7,456 and household incomes well above the national median ($102,472).
Area Profile
7,456
Population
$102,472
Median Income
+37% vs. national
Urban
Area Type
7.7/20
Foot Traffic
Car-Dependent
Median Age: 42.3 —
older demographic, may prefer sit-down options.
College-Educated: 21.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,480
2BR Fair Market Rent
$1,868
Median Gross Rent
$360 K
Median Home Value
3
Bank Branches
$110 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 $102,472. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 3
vs. National Average
Median Income
+37% vs. $74,580
Walkability
-2.8 pts vs. national avg
Nearby Markets
12564
5.8 mi
Pop: 7,910
$111,683
Walk: 6.9
10509
6.1 mi
Pop: 20,055
$120,987
Walk: 8.1
12531
6.5 mi
Pop: 2,316
$126,319
06812
7.0 mi
Pop: 13,558
$143,864
Walk: 5.7
06784
8.3 mi
Pop: 3,525
$106,313
Walk: 6.1
10512
9.2 mi
Pop: 24,238
$124,519
Walk: 7.3
06811
9.2 mi
Pop: 30,526
$107,519
Walk: 6.1
12582
10.0 mi
Pop: 6,157
$131,867
Walk: 4.9
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