Nursing Care Facilities Market: ZIP 46312
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46312 is an urban area with low foot traffic. with a population of 26,158 and household incomes below the national median ($41,071).
Area Profile
26,158
Population
$41,071
Median Income
-45% vs. national
Urban
Area Type
8.7/20
Foot Traffic
Car-Dependent
Median Age: 36.5 —
mixed-age market, broad menu appeal.
College-Educated: 6.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$820
Median Gross Rent
$92 K
Median Home Value
5
Bank Branches
$320 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.
- Median income sits at $41,071. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 5
vs. National Average
Median Income
-45% vs. $74,580
Walkability
-1.9 pts vs. national avg
Nearby Markets
46327
3.3 mi
Pop: 10,797
$50,457
Walk: 12.0
46394
4.0 mi
Pop: 12,141
$66,386
Walk: 10.0
46406
4.2 mi
Pop: 8,513
$35,631
Walk: 7.5
46323
4.2 mi
Pop: 23,184
$56,906
Walk: 8.2
46320
4.3 mi
Pop: 14,097
$35,706
Walk: 8.9
46324
5.8 mi
Pop: 21,433
$61,118
Walk: 9.1
46404
7.0 mi
Pop: 16,846
$39,188
Walk: 8.0
46322
7.2 mi
Pop: 23,749
$76,219
Walk: 9.6
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