Nursing Care Facilities Market: ZIP 45440
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 45440 is an urban area with low foot traffic. with a population of 22,730 and household incomes above the national median ($83,378).
Area Profile
22,730
Population
$83,378
Median Income
+12% vs. national
Urban
Area Type
9.9/20
Foot Traffic
Very Car-Dependent
Median Age: 40.3 —
older demographic, may prefer sit-down options.
College-Educated: 31.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,210
2BR Fair Market Rent
$1,122
Median Gross Rent
$250 K
Median Home Value
2
Bank Branches
$71 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
+12% vs. $74,580
Walkability
-0.6 pts vs. national avg
Nearby Markets
45305
2.5 mi
Pop: 11,597
$119,129
45430
3.5 mi
Pop: 7,171
$107,500
45420
3.7 mi
Pop: 23,956
$56,670
Walk: 13.4
45429
4.4 mi
Pop: 26,510
$77,291
Walk: 12.8
45432
4.7 mi
Pop: 14,988
$83,323
Walk: 12.0
45459
5.0 mi
Pop: 28,454
$89,144
Walk: 10.9
45419
5.5 mi
Pop: 16,583
$85,876
Walk: 12.9
45434
5.7 mi
Pop: 12,482
$142,260
Walk: 6.7
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