Nursing Care Facilities Market: ZIP 46226
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46226 is an urban area with moderate foot traffic. with a population of 45,640 and household incomes below the national median ($47,086).
Area Profile
45,640
Population
$47,086
Median Income
-37% vs. national
Urban
Area Type
10.9/20
Foot Traffic
Walkable
Median Age: 33.2 —
mixed-age market, broad menu appeal.
College-Educated: 14.9% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 46226.
9
Home Health Agencies
2.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
$1,045
Median Gross Rent
$150 K
Median Home Value
4
Bank Branches
$260 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
- 9
- Bank Branches
- 4
vs. National Average
Median Income
-37% vs. $74,580
Walkability
+0.4 pts vs. national avg
Nearby Markets
46216
3.3 mi
Pop: 2,546
$56,838
46219
3.8 mi
Pop: 38,246
$57,811
Walk: 13.2
46218
4.2 mi
Pop: 28,560
$34,635
Walk: 12.9
46250
4.4 mi
Pop: 17,933
$69,591
Walk: 11.0
46220
4.6 mi
Pop: 36,159
$103,735
Walk: 13.2
46235
5.1 mi
Pop: 35,897
$56,160
Walk: 12.6
46256
5.4 mi
Pop: 21,785
$86,529
Walk: 9.0
46205
6.0 mi
Pop: 29,196
$65,756
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