Nursing Care Facilities Market: ZIP 14214
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14214 is an urban area with moderate foot traffic. with a population of 21,162 and household incomes near the national median ($56,573).
Area Profile
21,162
Population
$56,573
Median Income
-24% vs. national
Urban
Area Type
13.6/20
Foot Traffic
Walkable
Median Age: 30.4 —
mixed-age market, broad menu appeal.
College-Educated: 28.8% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,260
2BR Fair Market Rent
$1,072
Median Gross Rent
$230 K
Median Home Value
2
Bank Branches
$150 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
- 2
vs. National Average
Median Income
-24% vs. $74,580
Walkability
+3.1 pts vs. national avg
Nearby Markets
14216
1.6 mi
Pop: 23,221
$70,260
Walk: 13.8
14208
1.9 mi
Pop: 12,731
$46,940
Walk: 13.1
14215
2.2 mi
Pop: 42,813
$43,326
Walk: 12.9
14223
2.3 mi
Pop: 22,363
$83,528
Walk: 13.3
14209
2.5 mi
Pop: 8,373
$49,359
14211
2.7 mi
Pop: 23,951
$34,490
Walk: 13.4
14222
2.8 mi
Pop: 15,440
$83,692
Walk: 14.0
14217
3.3 mi
Pop: 22,566
$72,205
Walk: 13.0
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