Nursing Care Facilities Market: ZIP 46225
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46225 is an urban area with moderate foot traffic. with a population of 5,535 and household incomes below the national median ($47,917).
Area Profile
5,535
Population
$47,917
Median Income
-36% vs. national
Urban
Area Type
14.0/20
Foot Traffic
Walkable
Median Age: 31.6 —
mixed-age market, broad menu appeal.
College-Educated: 19.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
$1,104
Median Gross Rent
$120 K
Median Home Value
1
Bank Branches
$19 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
- Bank Branches
- 1
vs. National Average
Median Income
-36% vs. $74,580
Walkability
+3.5 pts vs. national avg
Nearby Markets
46206
1.4 mi
Pop: 0
46204
2.1 mi
Pop: 11,022
$88,081
Walk: 16.3
46202
3.0 mi
Pop: 20,331
$61,082
Walk: 15.6
46201
4.4 mi
Pop: 31,650
$43,183
Walk: 13.0
46203
4.7 mi
Pop: 37,297
$55,375
Walk: 13.6
46217
4.9 mi
Pop: 38,659
$88,326
46227
5.0 mi
Pop: 57,164
$50,993
Walk: 11.7
46222
5.0 mi
Pop: 37,608
$45,198
Walk: 13.6
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