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Nursing Care Facilities Market: ZIP 44106

Opportunity Score

51 / 100 Fair

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 44106 is an urban area with moderate foot traffic. with a population of 24,704 and household incomes below the national median ($42,869). There are 5 nursing care facilities operations in ZIP 44106.

Area Profile

24,704

Population

$42,869

Median Income

-43% vs. national

Urban

Area Type

13.6/20

Foot Traffic

Walkable

Median Age: 30.8 — mixed-age market, broad menu appeal.

College-Educated: 29.0% — balanced market for quality & value.

Competition

Nursing Care Facilities and related businesses in ZIP 44106.

Nursing Care Facilities

Low competition — room to establish

2.0 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,370

2BR Fair Market Rent

$1,024

Median Gross Rent

$240 K

Median Home Value

Bank Branches

$500 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.
Median income sits at $42,869. Price sensitivity is real. Build your model around volume or keep overhead minimal.