Nursing Care Facilities Market: ZIP 14303
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14303 is an urban area with moderate foot traffic. with a population of 6,210 and household incomes below the national median ($45,519).
Area Profile
6,210
Population
$45,519
Median Income
-39% vs. national
Urban
Area Type
13.4/20
Foot Traffic
Walkable
Median Age: 38.2 —
mixed-age market, broad menu appeal.
College-Educated: 10.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,050
2BR Fair Market Rent
$845
Median Gross Rent
$78 K
Median Home Value
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
vs. National Average
Median Income
-39% vs. $74,580
Walkability
+2.9 pts vs. national avg
Nearby Markets
14301
0.9 mi
Pop: 11,448
$37,650
Walk: 14.6
14302
1.1 mi
Pop: 209
14305
2.8 mi
Pop: 16,433
$49,588
Walk: 11.8
14109
3.7 mi
Pop: 1,341
14304
6.3 mi
Pop: 28,965
$64,756
Walk: 12.9
14092
6.8 mi
Pop: 10,318
$67,835
Walk: 10.9
14072
6.9 mi
Pop: 21,441
$107,036
Walk: 6.9
14174
11.7 mi
Pop: 5,768
$78,922
Walk: 5.1
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