Nursing Care Facilities Market: ZIP 46074
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46074 is an urban area with low foot traffic. with a population of 46,042 and household incomes well above the national median ($123,580).
Area Profile
46,042
Population
$123,580
Median Income
+66% vs. national
Urban
Area Type
8.4/20
Foot Traffic
Car-Dependent
Median Age: 36.6 —
mixed-age market, broad menu appeal.
College-Educated: 39.6% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 46074.
5
Home Health Agencies
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,580
2BR Fair Market Rent
$1,550
Median Gross Rent
$400 K
Median Home Value
11
Bank Branches
$680 K deposits
Tips for Starting a Elder Care Business in Indiana
- 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.
- The median income here is $123,580. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 11
vs. National Average
Median Income
+66% vs. $74,580
Walkability
-2.1 pts vs. national avg
Nearby Markets
46032
4.8 mi
Pop: 51,181
$123,438
Walk: 9.7
46290
7.1 mi
Pop: 111
46033
7.2 mi
Pop: 40,153
$150,529
Walk: 6.6
46280
7.5 mi
Pop: 7,657
$84,561
Walk: 8.1
46069
8.1 mi
Pop: 6,924
$70,784
46077
8.2 mi
Pop: 35,378
$160,868
Walk: 4.6
46062
8.3 mi
Pop: 39,348
$116,834
Walk: 6.6
46240
9.6 mi
Pop: 19,632
$70,728
Walk: 10.8
Check Another Market
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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