Nursing Care Facilities Market: ZIP 17016
Opportunity Score
36
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 17016 is an urban area. with a population of 1,044 and household incomes near the national median ($70,833).
Area Profile
1,044
Population
$70,833
Median Income
-5% vs. national
Urban
Area Type
Median Age: 51.4 —
older demographic, may prefer sit-down options.
College-Educated: 39.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,900
2BR Fair Market Rent
$2,813
Median Gross Rent
$160 K
Median Home Value
1
Bank Branches
$15 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
-5% vs. $74,580
Nearby Markets
17042
1.9 mi
Pop: 39,626
$76,399
Walk: 8.5
17064
5.2 mi
Pop: 738
$123,333
17545
7.0 mi
Pop: 23,257
$87,589
Walk: 7.2
17046
7.6 mi
Pop: 31,701
$59,633
Walk: 9.4
17088
7.9 mi
Pop: 503
$110,260
Walk: 6.1
17543
10.0 mi
Pop: 45,606
$94,609
Walk: 8.6
17041
10.0 mi
Pop: 254
17067
10.3 mi
Pop: 15,985
$78,125
Walk: 8.9
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