Nursing Care Facilities Market: ZIP 14642
Opportunity Score
0
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14642 is an urban area.
Area Profile
0
Population
Urban
Area Type
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
1
Bank Branches
$210 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
- Bank Branches
- 1
Nearby Markets
14627
0.5 mi
Pop: 3,008
Walk: 13.5
14620
1.5 mi
Pop: 22,866
$59,525
Walk: 13.8
14619
1.9 mi
Pop: 14,223
$66,345
Walk: 12.8
14608
2.2 mi
Pop: 12,417
$39,537
Walk: 16.0
14611
2.3 mi
Pop: 17,595
$29,870
Walk: 14.4
14614
2.5 mi
Pop: 1,112
$63,452
Walk: 17.1
14623
2.7 mi
Pop: 25,689
$61,088
Walk: 10.0
14604
2.7 mi
Pop: 2,708
$63,672
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