Nursing Care Facilities Market: ZIP 14150
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14150 is an urban area with moderate foot traffic. with a population of 41,585 and household incomes near the national median ($70,294).
Area Profile
41,585
Population
$70,294
Median Income
-6% vs. national
Urban
Area Type
12.2/20
Foot Traffic
Walkable
Median Age: 41.7 —
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.
$1,210
2BR Fair Market Rent
$1,094
Median Gross Rent
$180 K
Median Home Value
7
Bank Branches
$780 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
- Foot Traffic
- Walkable
- Bank Branches
- 7
vs. National Average
Median Income
-6% vs. $74,580
Walkability
+1.7 pts vs. national avg
Nearby Markets
14217
1.8 mi
Pop: 22,566
$72,205
Walk: 13.0
14223
2.8 mi
Pop: 22,363
$83,528
Walk: 13.3
14216
3.5 mi
Pop: 23,221
$70,260
Walk: 13.8
14207
3.5 mi
Pop: 25,731
$38,951
Walk: 13.6
14214
4.8 mi
Pop: 21,162
$56,573
Walk: 13.6
14222
5.4 mi
Pop: 15,440
$83,692
Walk: 14.0
14213
5.7 mi
Pop: 23,072
$52,597
Walk: 14.0
14209
5.9 mi
Pop: 8,373
$49,359
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