Nursing Care Facilities Market: ZIP 43340
Opportunity Score
50
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 43340 is an rural area. with a population of 2,192 and household incomes near the national median ($70,893).
Area Profile
2,192
Population
$70,893
Median Income
-5% vs. national
Rural
Area Type
Median Age: 29.9 —
young market, strong street food demand.
College-Educated: 7.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,130
2BR Fair Market Rent
$935
Median Gross Rent
$180 K
Median Home Value
1
Bank Branches
$19 K deposits
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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Bank Branches
- 1
vs. National Average
Median Income
-5% vs. $74,580
Nearby Markets
43345
6.3 mi
Pop: 623
$88,088
43358
8.4 mi
Pop: 2,628
$86,742
Walk: 4.0
43332
9.7 mi
Pop: 1,762
$66,625
43326
11.1 mi
Pop: 12,594
$54,325
Walk: 8.2
43347
11.6 mi
Pop: 1,088
$90,382
Walk: 4.3
43344
12.6 mi
Pop: 6,049
$80,087
Walk: 3.7
43067
13.0 mi
Pop: 1,655
$93,083
Walk: 2.5
43341
13.4 mi
Pop: 1,005
$82,308
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