Nursing Care Facilities Market: ZIP 46254
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46254 is an urban area with low foot traffic. with a population of 40,263 and household incomes near the national median ($57,825).
Area Profile
40,263
Population
$57,825
Median Income
-22% vs. national
Urban
Area Type
9.7/20
Foot Traffic
Very Car-Dependent
Median Age: 33.1 —
mixed-age market, broad menu appeal.
College-Educated: 20.0% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 46254.
11
Home Health Agencies
2.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
$1,021
Median Gross Rent
$180 K
Median Home Value
8
Bank Branches
$530 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
- Very Car-Dependent
- Related Businesses
- 11
- Bank Branches
- 8
vs. National Average
Median Income
-22% vs. $74,580
Walkability
-0.8 pts vs. national avg
Nearby Markets
46278
3.6 mi
Pop: 8,733
$153,930
Walk: 11.4
46224
3.8 mi
Pop: 39,858
$53,731
Walk: 13.5
46214
4.1 mi
Pop: 24,645
$58,863
Walk: 9.4
46268
4.2 mi
Pop: 25,623
$63,322
Walk: 11.5
46234
4.7 mi
Pop: 27,941
$83,137
Walk: 8.7
46228
4.8 mi
Pop: 16,324
$95,574
Walk: 7.1
46222
5.5 mi
Pop: 37,608
$45,198
Walk: 13.6
46260
7.1 mi
Pop: 35,102
$70,642
Walk: 10.1
Check Another Market
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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