Nursing Care Facilities Market: ZIP 46392
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46392 is an urban area with low foot traffic. with a population of 8,332 and household incomes above the national median ($93,875).
Area Profile
8,332
Population
$93,875
Median Income
+26% vs. national
Urban
Area Type
5.2/20
Foot Traffic
Very Car-Dependent
Median Age: 36.9 —
mixed-age market, broad menu appeal.
College-Educated: 8.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,190
2BR Fair Market Rent
$954
Median Gross Rent
$230 K
Median Home Value
2
Bank Branches
$12 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
- Bank Branches
- 2
vs. National Average
Median Income
+26% vs. $74,580
Walkability
-5.3 pts vs. national avg
Nearby Markets
46347
9.3 mi
Pop: 4,778
$84,246
Walk: 5.6
46374
10.9 mi
Pop: 998
$71,500
Walk: 5.5
46310
12.1 mi
Pop: 13,914
$81,083
Walk: 5.7
46302
13.7 mi
Pop: 36
$66,000
47957
13.7 mi
Pop: 2,067
$58,412
Walk: 3.8
47978
13.9 mi
Pop: 10,097
$71,359
Walk: 5.7
46341
14.3 mi
Pop: 10,169
$99,444
Walk: 7.1
46348
16.1 mi
Pop: 1,201
$51,076
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