Nursing Care Facilities Market: ZIP 14814
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14814 is an urban area. with a population of 2,047 and household incomes well above the national median ($105,625).
Area Profile
2,047
Population
$105,625
Median Income
+42% vs. national
Urban
Area Type
Median Age: 37.4 —
mixed-age market, broad menu appeal.
College-Educated: 36.8% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,610
2BR Fair Market Rent
$1,385
Median Gross Rent
$220 K
Median Home Value
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 $105,625. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+42% vs. $74,580
Nearby Markets
14830
5.0 mi
Pop: 18,752
$73,831
Walk: 11.1
14903
6.2 mi
Pop: 7,140
$66,142
Walk: 7.6
14872
8.5 mi
Pop: 596
$60,114
Walk: 3.6
14871
8.7 mi
Pop: 4,497
$76,445
Walk: 3.4
14845
8.9 mi
Pop: 20,552
$76,617
Walk: 8.6
14905
9.3 mi
Pop: 8,976
$85,888
Walk: 7.8
14812
10.5 mi
Pop: 2,961
$58,516
14870
11.6 mi
Pop: 10,086
$88,514
Walk: 3.5
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