Nursing Care Facilities Market: ZIP 14617
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14617 is an urban area with moderate foot traffic. with a population of 21,287 and household incomes above the national median ($89,530).
Area Profile
21,287
Population
$89,530
Median Income
+20% vs. national
Urban
Area Type
10.8/20
Foot Traffic
Walkable
Median Age: 44.6 —
older demographic, may prefer sit-down options.
College-Educated: 36.7% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 14617.
3
Home Health Agencies
1.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,450
2BR Fair Market Rent
$1,197
Median Gross Rent
$180 K
Median Home Value
6
Bank Branches
$470 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
- Related Businesses
- 3
- Bank Branches
- 6
vs. National Average
Median Income
+20% vs. $74,580
Walkability
+0.3 pts vs. national avg
Nearby Markets
14622
2.6 mi
Pop: 12,794
$73,683
Walk: 10.8
14621
2.7 mi
Pop: 33,349
$36,534
Walk: 12.9
14605
4.1 mi
Pop: 11,796
$23,255
Walk: 15.2
14609
4.1 mi
Pop: 40,171
$61,933
Walk: 13.0
14613
4.8 mi
Pop: 14,740
$33,370
Walk: 13.4
14604
4.9 mi
Pop: 2,708
$63,672
14616
5.0 mi
Pop: 26,837
$62,564
Walk: 11.1
14615
5.0 mi
Pop: 18,255
$53,150
Walk: 12.9
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