Nursing Care Facilities Market: ZIP 45404
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 45404 is an urban area with moderate foot traffic. with a population of 10,762 and household incomes below the national median ($35,286).
Area Profile
10,762
Population
$35,286
Median Income
-53% vs. national
Urban
Area Type
12.0/20
Foot Traffic
Walkable
Median Age: 33.9 —
mixed-age market, broad menu appeal.
College-Educated: 5.1% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 45404.
5
Home Health Agencies
4.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,030
2BR Fair Market Rent
$871
Median Gross Rent
$82 K
Median Home Value
1
Bank Branches
$36 K 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.
- Median income sits at $35,286. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 5
- Bank Branches
- 1
vs. National Average
Median Income
-53% vs. $74,580
Walkability
+1.5 pts vs. national avg
Nearby Markets
45403
1.7 mi
Pop: 13,831
$36,250
Walk: 14.3
45410
2.9 mi
Pop: 15,617
$46,766
Walk: 14.7
45423
3.3 mi
Pop: 0
Walk: 17.3
45469
3.8 mi
Pop: 206
Walk: 12.2
45402
4.3 mi
Pop: 9,964
$45,386
45405
4.4 mi
Pop: 19,322
$41,901
Walk: 14.2
45431
5.0 mi
Pop: 26,961
$80,058
Walk: 12.2
45420
5.1 mi
Pop: 23,956
$56,670
Walk: 13.4
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