Nursing Care Facilities Market: ZIP 16033
Opportunity Score
90
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 16033 is an urban area. with a population of 7,934 and household incomes well above the national median ($100,606).
Area Profile
7,934
Population
$100,606
Median Income
+35% vs. national
Urban
Area Type
Median Age: 46.1 —
older demographic, may prefer sit-down options.
College-Educated: 28.5% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,340
2BR Fair Market Rent
$1,149
Median Gross Rent
$310 K
Median Home Value
1
Bank Branches
$46 K deposits
Tips for Starting a Elder Care Business in Pennsylvania
- 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 $100,606. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+35% vs. $74,580
Nearby Markets
16027
2.8 mi
Pop: 441
$70,000
16024
4.0 mi
Pop: 278
$80,000
16053
4.7 mi
Pop: 3,284
$74,342
Walk: 6.2
16063
6.3 mi
Pop: 8,188
$86,533
Walk: 9.3
16046
6.7 mi
Pop: 19,577
$143,987
Walk: 10.2
16037
6.7 mi
Pop: 4,840
$90,078
16066
7.1 mi
Pop: 33,543
$125,390
Walk: 7.3
16052
7.2 mi
Pop: 2,246
$79,438
Walk: 6.2
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