Nursing Care Facilities Market: ZIP 14037
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14037 is an urban area. with a population of 923 and household incomes above the national median ($87,955).
Area Profile
923
Population
$87,955
Median Income
+18% vs. national
Urban
Area Type
Median Age: 51.1 —
older demographic, may prefer sit-down options.
College-Educated: 11.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,050
2BR Fair Market Rent
$260 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
vs. National Average
Median Income
+18% vs. $74,580
Nearby Markets
14145
5.0 mi
Pop: 1,275
$87,708
Walk: 5.1
14169
5.9 mi
Pop: 84
$59,149
Walk: 3.8
14004
7.0 mi
Pop: 11,312
$88,011
Walk: 12.8
14102
7.5 mi
Pop: 1,894
$122,659
Walk: 4.4
14040
7.6 mi
Pop: 1,635
$85,820
Walk: 4.2
14139
8.4 mi
Pop: 2,093
$78,317
14083
8.6 mi
Pop: 20
14052
9.3 mi
Pop: 17,501
$103,474
Walk: 14.2
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