Nursing Care Facilities Market: ZIP 45370
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 45370 is an urban area. with a population of 2,732 and household incomes well above the national median ($105,625).
Area Profile
2,732
Population
$105,625
Median Income
+42% vs. national
Urban
Area Type
Median Age: 49.0 —
older demographic, may prefer sit-down options.
College-Educated: 29.5% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,040
2BR Fair Market Rent
$937
Median Gross Rent
$320 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 $105,625. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+42% vs. $74,580
Nearby Markets
45305
4.3 mi
Pop: 11,597
$119,129
45068
5.5 mi
Pop: 11,606
$95,040
Walk: 4.6
45440
6.4 mi
Pop: 22,730
$83,378
Walk: 9.9
45301
7.1 mi
Pop: 201
$112,733
45032
7.5 mi
Pop: 627
$63,309
45434
7.8 mi
Pop: 12,482
$142,260
Walk: 6.7
45430
8.2 mi
Pop: 7,171
$107,500
45458
8.5 mi
Pop: 37,413
$110,682
Walk: 8.1
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