Nursing Care Facilities Market: ZIP 43004
Opportunity Score
90
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 43004 is an urban area. with a population of 31,416 and household incomes well above the national median ($101,308).
Area Profile
31,416
Population
$101,308
Median Income
+36% vs. national
Urban
Area Type
Median Age: 35.0 —
mixed-age market, broad menu appeal.
College-Educated: 29.8% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 43004.
4
Home Health Agencies
1.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,540
2BR Fair Market Rent
$1,393
Median Gross Rent
$300 K
Median Home Value
Tips for Starting a Elder Care Business in Ohio
- 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 $101,308. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
vs. National Average
Median Income
+36% vs. $74,580
Nearby Markets
43054
3.8 mi
Pop: 27,727
$139,679
43068
4.3 mi
Pop: 59,399
$70,451
Walk: 11.1
43230
5.0 mi
Pop: 59,522
$92,271
Walk: 8.6
43213
5.1 mi
Pop: 35,912
$53,908
Walk: 12.4
43109
7.0 mi
Pop: 136
$56,563
43227
7.6 mi
Pop: 25,282
$45,314
Walk: 11.9
43232
7.9 mi
Pop: 46,844
$50,599
Walk: 9.8
43219
8.0 mi
Pop: 32,537
$51,860
Walk: 12.7
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