Nursing Care Facilities Market: ZIP 14059
Opportunity Score
90
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14059 is an urban area. with a population of 9,413 and household incomes well above the national median ($101,698).
Area Profile
9,413
Population
$101,698
Median Income
+36% vs. national
Urban
Area Type
Median Age: 44.0 —
older demographic, may prefer sit-down options.
College-Educated: 30.7% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,530
2BR Fair Market Rent
$1,316
Median Gross Rent
$320 K
Median Home Value
1
Bank Branches
$34 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 $101,698. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+36% vs. $74,580
Nearby Markets
14086
5.0 mi
Pop: 35,659
$95,949
Walk: 9.1
14052
5.4 mi
Pop: 17,501
$103,474
Walk: 14.2
14102
5.5 mi
Pop: 1,894
$122,659
Walk: 4.4
14043
6.7 mi
Pop: 24,799
$73,373
Walk: 11.7
14224
7.9 mi
Pop: 41,101
$76,250
Walk: 10.7
14026
8.4 mi
Pop: 561
$86,023
14227
8.5 mi
Pop: 21,669
$67,349
Walk: 10.6
14169
8.7 mi
Pop: 84
$59,149
Walk: 3.8
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