Nursing Care Facilities Market: ZIP 16501
Opportunity Score
24
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 16501 is an urban area. with a population of 1,919 and household incomes below the national median ($14,579).
Area Profile
1,919
Population
$14,579
Median Income
-80% vs. national
Urban
Area Type
Median Age: 55.4 —
older demographic, may prefer sit-down options.
College-Educated: 18.4% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 16501.
7
Home Health Agencies
36.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,000
2BR Fair Market Rent
$411
Median Gross Rent
7
Bank Branches
$2.2 M 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.
- Median income sits at $14,579. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 7
- Bank Branches
- 7
vs. National Average
Median Income
-80% vs. $74,580
Nearby Markets
16550
0.9 mi
Pop: 0
Walk: 13.1
16502
1.1 mi
Pop: 15,815
$34,649
Walk: 16.5
16507
1.3 mi
Pop: 8,653
$34,474
Walk: 14.9
16508
1.6 mi
Pop: 15,156
$52,361
Walk: 14.6
16503
2.0 mi
Pop: 15,204
$29,108
Walk: 15.5
16505
2.7 mi
Pop: 15,631
$71,370
Walk: 11.8
16546
2.8 mi
Pop: 1,138
Walk: 13.9
16504
2.9 mi
Pop: 15,632
$51,988
Walk: 14.3
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