ElderCareCost
Showing results for ZIP 47345 (IN)
Home ZIP 15926

Nursing Care Facilities Market: ZIP 15926

Opportunity Score
39 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 15926 is an urban area with low foot traffic. with a population of 2,474 and household incomes near the national median ($60,972).

Area Profile

2,474
Population
$60,972
Median Income
-18% vs. national
Urban
Area Type
4.4/20
Foot Traffic
Very Car-Dependent
Median Age: 48.7 — older demographic, may prefer sit-down options.
College-Educated: 12.0% — value-focused market, keep prices competitive.

Operating Costs

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

$1,020
2BR Fair Market Rent
$747
Median Gross Rent
$110 K
Median Home Value
1
Bank Branches
$25 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
Foot Traffic
Very Car-Dependent
Bank Branches
1

vs. National Average

Median Income
-18% vs. $74,580
Walkability
-6.1 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