Nursing Care Facilities Market: ZIP 44847
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 44847 is an suburban area. with a population of 3,567 and household incomes above the national median ($74,677).
Area Profile
3,567
Population
$74,677
Median Income
+0% vs. national
Suburban
Area Type
Median Age: 40.6 —
older demographic, may prefer sit-down options.
College-Educated: 11.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,040
2BR Fair Market Rent
$1,015
Median Gross Rent
$170 K
Median Home Value
1
Bank Branches
$51 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.
Quick Facts
- Area Type
- Suburban
- Bank Branches
- 1
vs. National Average
Median Income
+0% vs. $74,580
Nearby Markets
44811
9.3 mi
Pop: 12,486
$64,453
Walk: 7.5
44857
9.4 mi
Pop: 23,320
$62,227
Walk: 7.1
44846
9.6 mi
Pop: 3,361
$97,109
44890
10.0 mi
Pop: 10,364
$64,971
Walk: 5.1
44828
10.1 mi
Pop: 154
$26,118
44824
12.3 mi
Pop: 3,952
$82,321
44855
12.7 mi
Pop: 1,175
$67,054
44870
13.0 mi
Pop: 39,817
$58,797
Walk: 10.8
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