Nursing Care Facilities Market: ZIP 45202
Opportunity Score
85
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 45202 is an urban area with high foot traffic. with a population of 17,022 and household incomes above the national median ($87,930).
Area Profile
17,022
Population
$87,930
Median Income
+18% vs. national
Urban
Area Type
18.2/20
Foot Traffic
Very Walkable
Median Age: 32.9 —
mixed-age market, broad menu appeal.
College-Educated: 50.5% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 45202.
9
Home Health Agencies
5.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,930
2BR Fair Market Rent
$1,524
Median Gross Rent
$440 K
Median Home Value
16
Bank Branches
$140 M 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
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 9
- Bank Branches
- 16
vs. National Average
Median Income
+18% vs. $74,580
Walkability
+7.7 pts vs. national avg
Nearby Markets
45219
1.5 mi
Pop: 19,326
$35,936
Walk: 15.6
41073
1.9 mi
Pop: 5,598
$67,143
Walk: 14.2
45203
2.0 mi
Pop: 2,530
$33,798
Walk: 17.4
45206
2.0 mi
Pop: 10,387
$51,128
Walk: 15.4
45214
2.2 mi
Pop: 9,077
$26,348
Walk: 14.7
45267
2.2 mi
Pop: 3
Walk: 13.3
41071
2.8 mi
Pop: 19,662
$58,329
Walk: 15.5
41014
2.9 mi
Pop: 7,118
$56,148
Walk: 16.3
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