Nursing Care Facilities Market: ZIP 14425
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14425 is an urban area. with a population of 13,582 and household incomes above the national median ($92,010).
Area Profile
13,582
Population
$92,010
Median Income
+23% vs. national
Urban
Area Type
Median Age: 38.0 —
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.
$1,780
2BR Fair Market Rent
$1,512
Median Gross Rent
$220 K
Median Home Value
3
Bank Branches
$180 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
- Bank Branches
- 3
vs. National Average
Median Income
+23% vs. $74,580
Nearby Markets
14548
6.6 mi
Pop: 3,695
$84,943
Walk: 6.1
14564
6.7 mi
Pop: 16,257
$111,293
Walk: 7.1
14502
7.4 mi
Pop: 10,515
$83,224
14504
7.4 mi
Pop: 1,655
$61,172
14450
9.1 mi
Pop: 43,063
$109,543
Walk: 10.7
14522
9.4 mi
Pop: 9,230
$80,368
Walk: 8.7
14424
9.5 mi
Pop: 28,851
$79,135
Walk: 6.8
14453
9.6 mi
Pop: 0
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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