ElderCareCost
Showing results for ZIP 01904 (MA)
Home ZIP 14482

Nursing Care Facilities Market: ZIP 14482

Opportunity Score
61 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 14482 is an rural area with low foot traffic. with a population of 8,233 and household incomes above the national median ($77,581).

Area Profile

8,233
Population
$77,581
Median Income
+4% vs. national
Rural
Area Type
6.6/20
Foot Traffic
Car-Dependent
Median Age: 40.6 — older demographic, may prefer sit-down options.
College-Educated: 20.6% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,180
2BR Fair Market Rent
$944
Median Gross Rent
$160 K
Median Home Value
2
Bank Branches
$200 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.
  • This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.

Quick Facts

Area Type
Rural
Foot Traffic
Car-Dependent
Bank Branches
2

vs. National Average

Median Income
+4% vs. $74,580
Walkability
-3.9 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits