Nursing Care Facilities Market: ZIP 45301
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 45301 is an urban area. with a population of 201 and household incomes well above the national median ($112,733).
Area Profile
201
Population
$112,733
Median Income
+51% vs. national
Urban
Area Type
Median Age: 37.4 —
mixed-age market, broad menu appeal.
College-Educated: 12.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,350
2BR Fair Market Rent
$120 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 $112,733. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+51% vs. $74,580
Nearby Markets
45434
0.9 mi
Pop: 12,482
$142,260
Walk: 6.7
45430
3.8 mi
Pop: 7,171
$107,500
45432
4.8 mi
Pop: 14,988
$83,323
Walk: 12.0
45435
5.6 mi
Pop: 154
Walk: 10.2
45431
5.6 mi
Pop: 26,961
$80,058
Walk: 12.2
45440
5.9 mi
Pop: 22,730
$83,378
Walk: 9.9
45305
6.5 mi
Pop: 11,597
$119,129
45370
7.1 mi
Pop: 2,732
$105,625
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