Nursing Care Facilities Market: ZIP 43205
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 43205 is an urban area with moderate foot traffic. with a population of 12,400 and household incomes near the national median ($54,214).
Area Profile
12,400
Population
$54,214
Median Income
-27% vs. national
Urban
Area Type
14.7/20
Foot Traffic
Very Car-Dependent
Median Age: 34.3 —
mixed-age market, broad menu appeal.
College-Educated: 30.3% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 43205.
4
Home Health Agencies
3.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,180
2BR Fair Market Rent
$1,050
Median Gross Rent
$290 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 4
vs. National Average
Median Income
-27% vs. $74,580
Walkability
+4.2 pts vs. national avg
Nearby Markets
43203
1.2 mi
Pop: 9,093
$44,099
Walk: 14.2
43206
1.3 mi
Pop: 22,026
$74,421
Walk: 14.0
43209
2.3 mi
Pop: 28,431
$88,155
Walk: 14.6
43201
3.6 mi
Pop: 33,873
$43,451
Walk: 15.2
43215
3.6 mi
Pop: 16,999
$74,469
Walk: 16.6
43211
3.8 mi
Pop: 23,003
$38,715
Walk: 13.1
43207
4.3 mi
Pop: 46,810
$61,307
Walk: 11.1
43219
4.5 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