Nursing Care Facilities Market: ZIP 14470
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14470 is an urban area with low foot traffic. with a population of 7,765 and household incomes near the national median ($63,201).
Area Profile
7,765
Population
$63,201
Median Income
-15% vs. national
Urban
Area Type
5.9/20
Foot Traffic
Very Car-Dependent
Median Age: 44.7 —
older demographic, may prefer sit-down options.
College-Educated: 14.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,180
2BR Fair Market Rent
$775
Median Gross Rent
$140 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
- Very Car-Dependent
vs. National Average
Median Income
-15% vs. $74,580
Walkability
-4.6 pts vs. national avg
Nearby Markets
14422
8.3 mi
Pop: 1,693
$81,765
14476
8.6 mi
Pop: 2,456
$92,708
Walk: 4.8
14420
8.9 mi
Pop: 20,097
$69,716
Walk: 13.2
14416
10.0 mi
Pop: 3,908
$80,298
14477
10.4 mi
Pop: 1,779
$93,558
Walk: 4.7
14058
10.5 mi
Pop: 2,649
$102,039
14411
11.2 mi
Pop: 12,479
$53,626
Walk: 5.1
14557
11.2 mi
Pop: 139
Walk: 4.6
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