Nursing Care Facilities Market: ZIP 44505
Opportunity Score
47
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 44505 is an urban area with low foot traffic. with a population of 16,449 and household incomes below the national median ($36,480).
Area Profile
16,449
Population
$36,480
Median Income
-51% vs. national
Urban
Area Type
6.7/20
Foot Traffic
Car-Dependent
Median Age: 37.5 —
mixed-age market, broad menu appeal.
College-Educated: 11.3% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 44505.
6
Home Health Agencies
3.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$880
2BR Fair Market Rent
$644
Median Gross Rent
$82 K
Median Home Value
7
Bank Branches
$530 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 $36,480. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 6
- Bank Branches
- 7
vs. National Average
Median Income
-51% vs. $74,580
Walkability
-3.8 pts vs. national avg
Nearby Markets
44506
2.5 mi
Pop: 2,214
$22,321
Walk: 8.0
44555
2.6 mi
Pop: 170
Walk: 8.5
44504
2.6 mi
Pop: 5,185
$40,156
44503
2.9 mi
Pop: 970
$12,764
44502
3.5 mi
Pop: 9,369
$32,259
Walk: 6.7
44510
3.9 mi
Pop: 2,091
$20,706
Walk: 6.7
44425
3.9 mi
Pop: 13,329
$62,287
Walk: 7.4
44405
3.9 mi
Pop: 7,834
$41,156
Walk: 6.4
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