Nursing Care Facilities Market: ZIP 45402
Opportunity Score
58
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 45402 is an urban area. with a population of 9,964 and household incomes below the national median ($45,386).
Area Profile
9,964
Population
$45,386
Median Income
-39% vs. national
Urban
Area Type
Median Age: 35.9 —
mixed-age market, broad menu appeal.
College-Educated: 20.7% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 45402.
3
Home Health Agencies
3.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,120
2BR Fair Market Rent
$921
Median Gross Rent
$110 K
Median Home Value
5
Bank Branches
$1.6 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
- Related Businesses
- 3
- Bank Branches
- 5
vs. National Average
Median Income
-39% vs. $74,580
Nearby Markets
45423
1.1 mi
Pop: 0
Walk: 17.3
45405
2.3 mi
Pop: 19,322
$41,901
Walk: 14.2
45469
2.4 mi
Pop: 206
Walk: 12.2
45409
3.0 mi
Pop: 15,677
$84,000
45406
3.0 mi
Pop: 20,261
$43,241
Walk: 13.3
45410
3.5 mi
Pop: 15,617
$46,766
Walk: 14.7
45428
3.8 mi
Pop: 274
Walk: 10.7
45403
4.0 mi
Pop: 13,831
$36,250
Walk: 14.3
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