Nursing Care Facilities Market: ZIP 14606
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14606 is an urban area with moderate foot traffic. with a population of 27,478 and household incomes near the national median ($57,287).
Area Profile
27,478
Population
$57,287
Median Income
-23% vs. national
Urban
Area Type
12.7/20
Foot Traffic
Walkable
Median Age: 40.0 —
older demographic, may prefer sit-down options.
College-Educated: 15.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,310
2BR Fair Market Rent
$978
Median Gross Rent
$150 K
Median Home Value
3
Bank Branches
$250 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
- Foot Traffic
- Walkable
- Bank Branches
- 3
vs. National Average
Median Income
-23% vs. $74,580
Walkability
+2.2 pts vs. national avg
Nearby Markets
14626
3.1 mi
Pop: 29,210
$78,785
Walk: 10.8
14615
3.6 mi
Pop: 18,255
$53,150
Walk: 12.9
14624
3.7 mi
Pop: 38,834
$86,046
Walk: 8.8
14611
3.9 mi
Pop: 17,595
$29,870
Walk: 14.4
14619
4.1 mi
Pop: 14,223
$66,345
Walk: 12.8
14613
4.1 mi
Pop: 14,740
$33,370
Walk: 13.4
14616
5.2 mi
Pop: 26,837
$62,564
Walk: 11.1
14608
5.3 mi
Pop: 12,417
$39,537
Walk: 16.0
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