Nursing Care Facilities Market: ZIP 46228
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46228 is an urban area with low foot traffic. with a population of 16,324 and household incomes above the national median ($95,574).
Area Profile
16,324
Population
$95,574
Median Income
+28% vs. national
Urban
Area Type
7.1/20
Foot Traffic
Car-Dependent
Median Age: 38.4 —
mixed-age market, broad menu appeal.
College-Educated: 33.1% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 46228.
3
Home Health Agencies
1.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,510
2BR Fair Market Rent
$1,234
Median Gross Rent
$240 K
Median Home Value
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
- Car-Dependent
- Related Businesses
- 3
vs. National Average
Median Income
+28% vs. $74,580
Walkability
-3.4 pts vs. national avg
Nearby Markets
46208
2.9 mi
Pop: 22,026
$55,435
Walk: 14.1
46260
3.7 mi
Pop: 35,102
$70,642
Walk: 10.1
46268
4.1 mi
Pop: 25,623
$63,322
Walk: 11.5
46222
4.1 mi
Pop: 37,608
$45,198
Walk: 13.6
46205
4.8 mi
Pop: 29,196
$65,756
Walk: 13.6
46254
4.8 mi
Pop: 40,263
$57,825
Walk: 9.7
46202
5.2 mi
Pop: 20,331
$61,082
Walk: 15.6
46224
5.3 mi
Pop: 39,858
$53,731
Walk: 13.5
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