Nursing Care Facilities Market: ZIP 14304
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14304 is an urban area with moderate foot traffic. with a population of 28,965 and household incomes near the national median ($64,756).
Area Profile
28,965
Population
$64,756
Median Income
-13% vs. national
Urban
Area Type
12.9/20
Foot Traffic
Walkable
Median Age: 42.9 —
older demographic, may prefer sit-down options.
College-Educated: 18.9% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 14304.
3
Home Health Agencies
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,050
2BR Fair Market Rent
$901
Median Gross Rent
$150 K
Median Home Value
8
Bank Branches
$1.1 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
- Related Businesses
- 3
- Bank Branches
- 8
vs. National Average
Median Income
-13% vs. $74,580
Walkability
+2.4 pts vs. national avg
Nearby Markets
14305
5.3 mi
Pop: 16,433
$49,588
Walk: 11.8
14132
5.6 mi
Pop: 6,432
$102,244
Walk: 4.6
14092
5.6 mi
Pop: 10,318
$67,835
Walk: 10.9
14072
6.1 mi
Pop: 21,441
$107,036
Walk: 6.9
14301
6.2 mi
Pop: 11,448
$37,650
Walk: 14.6
14303
6.3 mi
Pop: 6,210
$45,519
Walk: 13.4
14109
6.4 mi
Pop: 1,341
14302
7.0 mi
Pop: 209
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