Nursing Care Facilities Market: ZIP 14201
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14201 is an urban area. with a population of 12,545 and household incomes below the national median ($34,204).
Area Profile
12,545
Population
$34,204
Median Income
-54% vs. national
Urban
Area Type
Median Age: 33.8 —
mixed-age market, broad menu appeal.
College-Educated: 26.7% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,180
2BR Fair Market Rent
$953
Median Gross Rent
$330 K
Median Home Value
1
Bank Branches
$20 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.
- Median income sits at $34,204. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
-54% vs. $74,580
Nearby Markets
14202
1.3 mi
Pop: 3,764
$47,990
Walk: 14.7
14213
1.4 mi
Pop: 23,072
$52,597
Walk: 14.0
14222
1.7 mi
Pop: 15,440
$83,692
Walk: 14.0
14209
1.9 mi
Pop: 8,373
$49,359
14204
2.1 mi
Pop: 7,748
$26,000
Walk: 16.4
14208
2.8 mi
Pop: 12,731
$46,940
Walk: 13.1
14203
3.0 mi
Pop: 2,526
$48,529
Walk: 18.5
14207
3.8 mi
Pop: 25,731
$38,951
Walk: 13.6
Check Another Market
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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