Nursing Care Facilities Market: ZIP 14564
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14564 is an urban area with low foot traffic. with a population of 16,257 and household incomes well above the national median ($111,293).
Area Profile
16,257
Population
$111,293
Median Income
+49% vs. national
Urban
Area Type
7.1/20
Foot Traffic
Car-Dependent
Median Age: 46.6 —
older demographic, may prefer sit-down options.
College-Educated: 40.9% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,660
2BR Fair Market Rent
$1,431
Median Gross Rent
$340 K
Median Home Value
5
Bank Branches
$460 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.
- The median income here is $111,293. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 5
vs. National Average
Median Income
+49% vs. $74,580
Walkability
-3.4 pts vs. national avg
Nearby Markets
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