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Showing results for ZIP 46016 (IN)
Home ZIP 34769

Nursing Care Facilities Market: ZIP 34769

Opportunity Score
56 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 34769 is an urban area with high foot traffic. with a population of 29,247 and household incomes near the national median ($58,764). There are 4 nursing care facilities operations in ZIP 34769.

Area Profile

29,247
Population
$58,764
Median Income
-21% vs. national
Urban
Area Type
15.5/20
Foot Traffic
Very Walkable
Median Age: 36.0 — mixed-age market, broad menu appeal.
College-Educated: 15.8% — value-focused market, keep prices competitive.

Competition

Nursing Care Facilities and related businesses in ZIP 34769.

4
Nursing Care Facilities
Low competition — room to establish
1.4 per 10K residents
4
Home Health Agencies
1.4 per 10K residents
What this means: Nursing Care Facilities are 50.0% of the relevant market in ZIP 34769 (4 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,680
2BR Fair Market Rent
$1,400
Median Gross Rent
$270 K
Median Home Value
8
Bank Branches
$900 K deposits

Tips for Starting a Elder Care Business in Florida

  • 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 Walkable
Nursing Care Facilities
4
Related Businesses
4
Bank Branches
8

vs. National Average

Median Income
-21% vs. $74,580
Walkability
+5.0 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