Nursing Care Facilities Market: ZIP 17407
Opportunity Score
82
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 17407 is an urban area. with a population of 2,684 and household incomes well above the national median ($117,864).
Area Profile
2,684
Population
$117,864
Median Income
+58% vs. national
Urban
Area Type
Median Age: 35.9 —
mixed-age market, broad menu appeal.
College-Educated: 22.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,990
2BR Fair Market Rent
$1,893
Median Gross Rent
$290 K
Median Home Value
1
Bank Branches
$100 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 $117,864. 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
+58% vs. $74,580
Nearby Markets
17403
2.3 mi
Pop: 40,272
$72,233
Walk: 14.8
17342
2.4 mi
Pop: 432
$89,200
17360
3.7 mi
Pop: 6,152
$88,800
17313
3.8 mi
Pop: 11,263
$67,520
17401
5.1 mi
Pop: 18,102
$41,569
Walk: 14.8
17371
5.3 mi
Pop: 319
$102,978
17402
6.0 mi
Pop: 37,074
$77,134
Walk: 11.1
17408
6.7 mi
Pop: 24,670
$87,044
Walk: 8.4
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