Nursing Care Facilities Market: ZIP 43018
Opportunity Score
24
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 43018 is an urban area. with a population of 82 and household incomes near the national median ($69,028).
Area Profile
82
Population
$69,028
Median Income
-7% vs. national
Urban
Area Type
Median Age: 52.1 —
older demographic, may prefer sit-down options.
College-Educated: 0.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,600
2BR Fair Market Rent
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.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-7% vs. $74,580
Nearby Markets
43062
3.8 mi
Pop: 31,822
$100,450
Walk: 6.6
43033
5.3 mi
Pop: 413
$68,333
43147
6.1 mi
Pop: 45,929
$125,472
Walk: 6.5
43105
7.4 mi
Pop: 9,059
$96,824
Walk: 6.3
43068
7.5 mi
Pop: 59,399
$70,451
Walk: 11.1
43004
9.8 mi
Pop: 31,416
$101,308
43046
10.0 mi
Pop: 3,128
$86,295
43001
10.2 mi
Pop: 2,639
$84,107
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