Nursing Care Facilities Market: ZIP 14850
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14850 is an urban area with low foot traffic. with a population of 66,495 and household incomes near the national median ($69,689).
Area Profile
66,495
Population
$69,689
Median Income
-7% vs. national
Urban
Area Type
7.6/20
Foot Traffic
Car-Dependent
Median Age: 28.7 —
young market, strong street food demand.
College-Educated: 40.2% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 14850.
6
Home Health Agencies
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,780
2BR Fair Market Rent
$1,446
Median Gross Rent
$330 K
Median Home Value
21
Bank Branches
$2.1 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
- Foot Traffic
- Car-Dependent
- Related Businesses
- 6
- Bank Branches
- 21
vs. National Average
Median Income
-7% vs. $74,580
Walkability
-2.9 pts vs. national avg
Nearby Markets
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