Nursing Care Facilities Market: ZIP 14480
Opportunity Score
20
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14480 is an urban area. with a population of 532 and household incomes near the national median ($54,618).
Area Profile
532
Population
$54,618
Median Income
-27% vs. national
Urban
Area Type
Median Age: 49.3 —
older demographic, may prefer sit-down options.
College-Educated: 25.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
$889
Median Gross Rent
1
Bank Branches
$77 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
- 1
vs. National Average
Median Income
-27% vs. $74,580
Nearby Markets
14414
4.4 mi
Pop: 6,722
$73,964
Walk: 11.9
14454
4.8 mi
Pop: 11,044
$66,629
Walk: 13.5
14487
5.1 mi
Pop: 5,632
$90,714
Walk: 10.8
14485
8.0 mi
Pop: 4,163
$79,375
14435
9.2 mi
Pop: 2,398
$68,472
14466
9.9 mi
Pop: 1,656
$101,607
14543
10.2 mi
Pop: 3,301
$118,868
Walk: 5.6
14462
10.9 mi
Pop: 765
$77,368
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