Nursing Care Facilities Market: ZIP 18962
Opportunity Score
40
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 18962 is an urban area. with a population of 450 and household incomes above the national median ($91,464).
Area Profile
450
Population
$91,464
Median Income
+23% vs. national
Urban
Area Type
Median Age: 41.6 —
older demographic, may prefer sit-down options.
College-Educated: 26.2% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,860
2BR Fair Market Rent
$350 K
Median Home Value
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
vs. National Average
Median Income
+23% vs. $74,580
Nearby Markets
18927
2.5 mi
Pop: 311
$250,001
18932
3.9 mi
Pop: 584
$110,028
Walk: 7.8
18960
4.1 mi
Pop: 12,198
$103,594
Walk: 7.6
19440
4.3 mi
Pop: 19,650
$101,654
Walk: 9.6
18944
4.5 mi
Pop: 27,405
$133,131
Walk: 7.3
18917
5.1 mi
Pop: 2,176
$75,000
Walk: 9.2
18915
5.1 mi
Pop: 1,791
$141,645
18964
5.5 mi
Pop: 14,422
$94,291
Walk: 14.0
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