Nursing Care Facilities Market: ZIP 45662
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 45662 is an suburban area with low foot traffic. with a population of 26,972 and household incomes below the national median ($37,345).
Area Profile
26,972
Population
$37,345
Median Income
-50% vs. national
Suburban
Area Type
7.6/20
Foot Traffic
Car-Dependent
Median Age: 39.6 —
mixed-age market, broad menu appeal.
College-Educated: 11.5% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 45662.
13
Home Health Agencies
4.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$880
2BR Fair Market Rent
$756
Median Gross Rent
$98 K
Median Home Value
9
Bank Branches
$610 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 $37,345. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 13
- Bank Branches
- 9
vs. National Average
Median Income
-50% vs. $74,580
Walkability
-2.9 pts vs. national avg
Nearby Markets
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