Nursing Care Facilities Market: ZIP 14604
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14604 is an urban area. with a population of 2,708 and household incomes near the national median ($63,672).
Area Profile
2,708
Population
$63,672
Median Income
-15% vs. national
Urban
Area Type
Median Age: 32.8 —
mixed-age market, broad menu appeal.
College-Educated: 50.3% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,700
2BR Fair Market Rent
$1,253
Median Gross Rent
$710 K
Median Home Value
6
Bank Branches
$1.4 M 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
- 6
vs. National Average
Median Income
-15% vs. $74,580
Nearby Markets
14614
0.7 mi
Pop: 1,112
$63,452
Walk: 17.1
14605
0.9 mi
Pop: 11,796
$23,255
Walk: 15.2
14608
1.2 mi
Pop: 12,417
$39,537
Walk: 16.0
14607
1.3 mi
Pop: 17,577
$56,270
Walk: 16.2
14620
2.0 mi
Pop: 22,866
$59,525
Walk: 13.8
14621
2.3 mi
Pop: 33,349
$36,534
Walk: 12.9
14627
2.6 mi
Pop: 3,008
Walk: 13.5
14642
2.7 mi
Pop: 0
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