Nursing Care Facilities Market: ZIP 14462
Opportunity Score
36
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14462 is an urban area. with a population of 765 and household incomes above the national median ($77,368).
Area Profile
765
Population
$77,368
Median Income
+4% vs. national
Urban
Area Type
Median Age: 34.0 —
mixed-age market, broad menu appeal.
College-Educated: 13.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,280
2BR Fair Market Rent
$900
Median Gross Rent
$210 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
vs. National Average
Median Income
+4% vs. $74,580
Nearby Markets
14545
3.3 mi
Pop: 136
$103,250
Walk: 3.9
14556
5.6 mi
Pop: 902
Walk: 2.3
14435
6.3 mi
Pop: 2,398
$68,472
14510
8.0 mi
Pop: 4,781
$61,099
Walk: 10.2
14437
8.1 mi
Pop: 8,970
$64,807
Walk: 12.1
14454
8.1 mi
Pop: 11,044
$66,629
Walk: 13.5
14480
10.9 mi
Pop: 532
$54,618
14487
11.4 mi
Pop: 5,632
$90,714
Walk: 10.8
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