Nursing Care Facilities Market: ZIP 46319
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46319 is an urban area with low foot traffic. with a population of 17,683 and household incomes above the national median ($75,976).
Area Profile
17,683
Population
$75,976
Median Income
+2% vs. national
Urban
Area Type
8.8/20
Foot Traffic
Car-Dependent
Median Age: 38.5 —
mixed-age market, broad menu appeal.
College-Educated: 18.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,200
2BR Fair Market Rent
$1,162
Median Gross Rent
$190 K
Median Home Value
3
Bank Branches
$250 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
- Car-Dependent
- Bank Branches
- 3
vs. National Average
Median Income
+2% vs. $74,580
Walkability
-1.7 pts vs. national avg
Nearby Markets
46322
3.0 mi
Pop: 23,749
$76,219
Walk: 9.6
46375
3.0 mi
Pop: 24,012
$89,646
Walk: 7.7
46408
4.0 mi
Pop: 15,571
$47,063
Walk: 7.2
46323
5.2 mi
Pop: 23,184
$56,906
Walk: 8.2
46404
5.4 mi
Pop: 16,846
$39,188
Walk: 8.0
46406
5.9 mi
Pop: 8,513
$35,631
Walk: 7.5
46321
5.9 mi
Pop: 23,733
$105,764
Walk: 8.6
46373
6.4 mi
Pop: 18,509
$123,203
Walk: 7.7
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