Nursing Care Facilities Market: ZIP 13407
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 13407 is an suburban area with low foot traffic. with a population of 5,125 and household incomes near the national median ($72,700).
Area Profile
5,125
Population
$72,700
Median Income
-3% vs. national
Suburban
Area Type
6.4/20
Foot Traffic
Car-Dependent
Median Age: 47.5 —
older demographic, may prefer sit-down options.
College-Educated: 16.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$960
2BR Fair Market Rent
$724
Median Gross Rent
$130 K
Median Home Value
1
Bank Branches
$42 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
- Suburban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
-3% vs. $74,580
Walkability
-4.1 pts vs. national avg
Nearby Markets
13361
7.1 mi
Pop: 666
$100,000
13350
7.2 mi
Pop: 9,641
$62,548
Walk: 8.8
13439
8.4 mi
Pop: 3,667
$63,681
Walk: 6.1
13357
9.4 mi
Pop: 10,073
$62,500
Walk: 7.3
13468
9.4 mi
Pop: 305
$61,979
13475
10.6 mi
Pop: 49
$77,917
Walk: 4.6
13365
11.3 mi
Pop: 8,545
$60,458
Walk: 6.7
13406
12.3 mi
Pop: 491
$98,000
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