Nursing Care Facilities Market: ZIP 43938
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 43938 is an urban area. with a population of 5,448 and household incomes near the national median ($57,453).
Area Profile
5,448
Population
$57,453
Median Income
-23% vs. national
Urban
Area Type
Median Age: 44.0 —
older demographic, may prefer sit-down options.
College-Educated: 9.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$940
2BR Fair Market Rent
$954
Median Gross Rent
$97 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
vs. National Average
Median Income
-23% vs. $74,580
Nearby Markets
43913
3.3 mi
Pop: 1,065
$49,100
43953
4.2 mi
Pop: 11,857
$73,648
Walk: 6.7
26030
5.3 mi
Pop: 588
$30,000
26037
6.6 mi
Pop: 5,727
$56,713
26070
7.1 mi
Pop: 7,951
$55,729
Walk: 5.4
43943
7.3 mi
Pop: 3,288
$49,569
Walk: 5.0
26075
7.3 mi
Pop: 569
$60,938
Walk: 3.7
43948
7.5 mi
Pop: 638
$76,080
Walk: 5.0
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