Nursing Care Facilities Market: ZIP 46222
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46222 is an urban area with moderate foot traffic. with a population of 37,608 and household incomes below the national median ($45,198).
Area Profile
37,608
Population
$45,198
Median Income
-39% vs. national
Urban
Area Type
13.6/20
Foot Traffic
Walkable
Median Age: 31.4 —
mixed-age market, broad menu appeal.
College-Educated: 10.5% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 46222.
3
Home Health Agencies
0.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
$1,050
Median Gross Rent
$100 K
Median Home Value
3
Bank Branches
$180 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
- Foot Traffic
- Walkable
- Related Businesses
- 3
- Bank Branches
- 3
vs. National Average
Median Income
-39% vs. $74,580
Walkability
+3.1 pts vs. national avg
Nearby Markets
46224
2.9 mi
Pop: 39,858
$53,731
Walk: 13.5
46208
3.6 mi
Pop: 22,026
$55,435
Walk: 14.1
46202
3.7 mi
Pop: 20,331
$61,082
Walk: 15.6
46228
4.1 mi
Pop: 16,324
$95,574
Walk: 7.1
46204
4.3 mi
Pop: 11,022
$88,081
Walk: 16.3
46206
4.3 mi
Pop: 0
46225
5.0 mi
Pop: 5,535
$47,917
Walk: 14.0
46214
5.3 mi
Pop: 24,645
$58,863
Walk: 9.4
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