Nursing Care Facilities Market: ZIP 14224
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14224 is an urban area with moderate foot traffic. with a population of 41,101 and household incomes above the national median ($76,250).
Area Profile
41,101
Population
$76,250
Median Income
+2% vs. national
Urban
Area Type
10.7/20
Foot Traffic
Walkable
Median Age: 45.0 —
older demographic, may prefer sit-down options.
College-Educated: 25.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,270
2BR Fair Market Rent
$1,077
Median Gross Rent
$220 K
Median Home Value
10
Bank Branches
$1.7 M 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
- 10
vs. National Average
Median Income
+2% vs. $74,580
Walkability
+0.2 pts vs. national avg
Nearby Markets
14227
3.2 mi
Pop: 21,669
$67,349
Walk: 10.6
14206
5.2 mi
Pop: 22,427
$46,842
Walk: 12.8
14220
5.2 mi
Pop: 23,786
$68,337
Walk: 13.1
14043
5.3 mi
Pop: 24,799
$73,373
Walk: 11.7
14210
5.8 mi
Pop: 15,454
$51,059
Walk: 14.3
14218
5.8 mi
Pop: 20,661
$50,484
Walk: 13.6
14127
5.9 mi
Pop: 30,783
$106,071
Walk: 9.0
14212
6.3 mi
Pop: 13,603
$35,517
Walk: 11.9
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