Nursing Care Facilities Market: ZIP 45055
Opportunity Score
4
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 45055 is an urban area.
Area Profile
97
Population
Urban
Area Type
Median Age: 62.2 —
older demographic, may prefer sit-down options.
College-Educated: 0.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
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
Nearby Markets
45011
2.3 mi
Pop: 74,636
$90,360
Walk: 11.3
45067
3.3 mi
Pop: 15,328
$88,662
Walk: 6.4
45062
3.6 mi
Pop: 667
$53,552
45015
6.8 mi
Pop: 11,102
$45,543
Walk: 12.5
45044
7.2 mi
Pop: 54,452
$71,942
Walk: 12.7
45042
9.3 mi
Pop: 28,217
$66,732
Walk: 8.7
45014
9.5 mi
Pop: 45,652
$69,624
Walk: 7.6
45070
9.7 mi
Pop: 146
$64,375
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