Nursing Care Facilities Market: ZIP 16037
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 16037 is an urban area. with a population of 4,840 and household incomes above the national median ($90,078).
Area Profile
4,840
Population
$90,078
Median Income
+21% vs. national
Urban
Area Type
Median Age: 49.4 —
older demographic, may prefer sit-down options.
College-Educated: 24.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,480
2BR Fair Market Rent
$879
Median Gross Rent
$330 K
Median Home Value
1
Bank Branches
$79 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+21% vs. $74,580
Nearby Markets
16123
4.6 mi
Pop: 2,601
$104,750
Walk: 5.5
16063
6.0 mi
Pop: 8,188
$86,533
Walk: 9.3
16052
6.3 mi
Pop: 2,246
$79,438
Walk: 6.2
16033
6.7 mi
Pop: 7,934
$100,606
16051
6.9 mi
Pop: 3,118
$80,642
16027
8.3 mi
Pop: 441
$70,000
16117
8.7 mi
Pop: 16,013
$69,982
Walk: 7.4
15074
9.1 mi
Pop: 8,543
$52,253
Walk: 10.8
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