Nursing Care Facilities Market: ZIP 46113
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46113 is an urban area. with a population of 17,367 and household incomes above the national median ($85,510).
Area Profile
17,367
Population
$85,510
Median Income
+15% vs. national
Urban
Area Type
Median Age: 36.2 —
mixed-age market, broad menu appeal.
College-Educated: 15.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,540
2BR Fair Market Rent
$1,350
Median Gross Rent
$230 K
Median Home Value
4
Bank Branches
$150 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 4
vs. National Average
Median Income
+15% vs. $74,580
Nearby Markets
46183
1.9 mi
Pop: 41
46221
6.0 mi
Pop: 26,255
$58,316
Walk: 12.2
46231
6.3 mi
Pop: 10,950
$76,823
Walk: 10.4
46158
6.3 mi
Pop: 24,622
$79,877
Walk: 6.5
46241
6.7 mi
Pop: 32,943
$51,598
Walk: 12.0
46168
7.2 mi
Pop: 38,889
$87,315
Walk: 7.4
46111
7.9 mi
Pop: 456
$69,438
46217
8.1 mi
Pop: 38,659
$88,326
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