ElderCareCost
Showing results for ZIP 07023 (NJ)
Home ZIP 28467

Nursing Care Facilities Market: ZIP 28467

Opportunity Score
57 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 28467 is an urban area with low foot traffic. with a population of 12,923 and household incomes near the national median ($72,840).

Area Profile

12,923
Population
$72,840
Median Income
-2% vs. national
Urban
Area Type
4.7/20
Foot Traffic
Very Car-Dependent
Median Age: 65.1 — older demographic, may prefer sit-down options.
College-Educated: 27.7% — balanced market for quality & value.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,420
2BR Fair Market Rent
$1,346
Median Gross Rent
$280 K
Median Home Value
3
Bank Branches
$270 K deposits

Tips for Starting a Elder Care Business in North Carolina

  • 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
Foot Traffic
Very Car-Dependent
Bank Branches
3

vs. National Average

Median Income
-2% vs. $74,580
Walkability
-5.8 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits