Nursing Care Facilities Market: ZIP 44418
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 44418 is an urban area. with a population of 1,198 and household incomes well above the national median ($135,600).
Area Profile
1,198
Population
$135,600
Median Income
+82% vs. national
Urban
Area Type
Median Age: 52.8 —
older demographic, may prefer sit-down options.
College-Educated: 32.0% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$920
2BR Fair Market Rent
$210 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.
- The median income here is $135,600. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+82% vs. $74,580
Nearby Markets
44424
1.8 mi
Pop: 84
$91,250
44404
3.5 mi
Pop: 1,712
$47,058
44403
4.8 mi
Pop: 3,766
$62,312
44473
5.8 mi
Pop: 4,106
$76,382
Walk: 4.5
44438
6.9 mi
Pop: 5,045
$42,934
Walk: 5.8
44428
8.7 mi
Pop: 3,196
$53,281
Walk: 4.7
16146
8.8 mi
Pop: 13,033
$44,736
Walk: 8.6
44410
8.9 mi
Pop: 16,467
$63,158
Walk: 6.9
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