Nursing Care Facilities Market: ZIP 45874
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 45874 is an suburban area. with a population of 2,186 and household incomes near the national median ($66,520).
Area Profile
2,186
Population
$66,520
Median Income
-11% vs. national
Suburban
Area Type
Median Age: 41.6 —
older demographic, may prefer sit-down options.
College-Educated: 7.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$970
2BR Fair Market Rent
$884
Median Gross Rent
$120 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.
Quick Facts
- Area Type
- Suburban
vs. National Average
Median Income
-11% vs. $74,580
Nearby Markets
45898
6.1 mi
Pop: 908
$54,063
Walk: 5.0
45899
6.4 mi
Pop: 180
$49,375
Walk: 3.8
45882
7.2 mi
Pop: 2,719
$71,938
Walk: 3.9
45891
9.3 mi
Pop: 15,522
$62,944
Walk: 7.0
45832
10.1 mi
Pop: 3,098
$73,056
45862
14.0 mi
Pop: 1,182
$38,281
45838
14.4 mi
Pop: 71
$88,553
45894
14.6 mi
Pop: 681
$74,659
Walk: 2.7
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