Nursing Care Facilities Market: ZIP 13403
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 13403 is an urban area with low foot traffic. with a population of 7,133 and household incomes well above the national median ($100,060).
Area Profile
7,133
Population
$100,060
Median Income
+34% vs. national
Urban
Area Type
2.0/20
Foot Traffic
Very Car-Dependent
Median Age: 35.1 —
mixed-age market, broad menu appeal.
College-Educated: 12.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,300
2BR Fair Market Rent
$1,209
Median Gross Rent
$210 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.
- The median income here is $100,060. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+34% vs. $74,580
Walkability
-8.5 pts vs. national avg
Nearby Markets
13495
3.8 mi
Pop: 1,889
$63,517
13469
4.2 mi
Pop: 1,107
$108,798
Walk: 4.1
13417
4.8 mi
Pop: 3,012
$56,055
13492
5.9 mi
Pop: 11,233
$84,543
Walk: 7.3
13501
6.4 mi
Pop: 40,235
$49,771
Walk: 12.3
13424
6.6 mi
Pop: 2,285
$90,179
13354
6.9 mi
Pop: 3,124
$92,750
13413
7.1 mi
Pop: 16,940
$91,899
Walk: 15.2
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