Nursing Care Facilities Market: ZIP 14072
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14072 is an urban area with low foot traffic. with a population of 21,441 and household incomes well above the national median ($107,036).
Area Profile
21,441
Population
$107,036
Median Income
+44% vs. national
Urban
Area Type
6.9/20
Foot Traffic
Car-Dependent
Median Age: 45.8 —
older demographic, may prefer sit-down options.
College-Educated: 32.2% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
$1,222
Median Gross Rent
$300 K
Median Home Value
4
Bank Branches
$470 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 $107,036. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 4
vs. National Average
Median Income
+44% vs. $74,580
Walkability
-3.6 pts vs. national avg
Nearby Markets
14150
6.0 mi
Pop: 41,585
$70,294
Walk: 12.2
14304
6.1 mi
Pop: 28,965
$64,756
Walk: 12.9
14207
6.3 mi
Pop: 25,731
$38,951
Walk: 13.6
14217
6.7 mi
Pop: 22,566
$72,205
Walk: 13.0
14303
6.9 mi
Pop: 6,210
$45,519
Walk: 13.4
14301
7.5 mi
Pop: 11,448
$37,650
Walk: 14.6
14302
7.9 mi
Pop: 209
14305
8.4 mi
Pop: 16,433
$49,588
Walk: 11.8
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