Nursing Care Facilities Market: ZIP 14057
Opportunity Score
82
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14057 is an urban area. with a population of 7,632 and household incomes above the national median ($88,750).
Area Profile
7,632
Population
$88,750
Median Income
+19% vs. national
Urban
Area Type
Median Age: 46.7 —
older demographic, may prefer sit-down options.
College-Educated: 24.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,160
2BR Fair Market Rent
$837
Median Gross Rent
$240 K
Median Home Value
1
Bank Branches
$78 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
+19% vs. $74,580
Nearby Markets
14111
4.5 mi
Pop: 3,125
$79,474
Walk: 5.5
14075
5.5 mi
Pop: 44,588
$82,083
Walk: 10.7
14112
5.7 mi
Pop: 38
Walk: 4.9
14085
5.9 mi
Pop: 8,439
$124,286
Walk: 8.0
14091
7.6 mi
Pop: 1,402
$80,086
Walk: 3.7
14047
8.2 mi
Pop: 6,072
$76,525
Walk: 13.3
14034
10.1 mi
Pop: 2,175
$61,384
14006
10.2 mi
Pop: 9,354
$62,019
Walk: 9.1
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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