Nursing Care Facilities Market: ZIP 14904
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 14904 is an urban area with low foot traffic. with a population of 14,276 and household incomes near the national median ($54,563).
Area Profile
14,276
Population
$54,563
Median Income
-27% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Very Car-Dependent
Median Age: 39.4 —
mixed-age market, broad menu appeal.
College-Educated: 12.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,270
2BR Fair Market Rent
$1,005
Median Gross Rent
$87 K
Median Home Value
2
Bank Branches
$120 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
- Very Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
-27% vs. $74,580
Walkability
-1.5 pts vs. national avg
Nearby Markets
14905
2.7 mi
Pop: 8,976
$85,888
Walk: 7.8
14894
4.1 mi
Pop: 1,316
$51,806
14901
4.7 mi
Pop: 14,430
$40,524
Walk: 6.5
14903
5.8 mi
Pop: 7,140
$66,142
Walk: 7.6
14871
7.4 mi
Pop: 4,497
$76,445
Walk: 3.4
16925
8.5 mi
Pop: 3,378
$70,042
14861
8.5 mi
Pop: 1,356
$60,000
14845
9.4 mi
Pop: 20,552
$76,617
Walk: 8.6
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