Nursing Care Facilities Market: ZIP 46544
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46544 is an urban area with low foot traffic. with a population of 31,138 and household incomes near the national median ($57,873).
Area Profile
31,138
Population
$57,873
Median Income
-22% vs. national
Urban
Area Type
7.8/20
Foot Traffic
Car-Dependent
Median Age: 35.0 —
mixed-age market, broad menu appeal.
College-Educated: 16.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,070
2BR Fair Market Rent
$1,018
Median Gross Rent
$150 K
Median Home Value
5
Bank Branches
$470 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
- 5
vs. National Average
Median Income
-22% vs. $74,580
Walkability
-2.7 pts vs. national avg
Nearby Markets
46561
5.2 mi
Pop: 14,499
$83,520
Walk: 6.1
46545
5.6 mi
Pop: 26,581
$55,889
Walk: 9.1
46573
6.3 mi
Pop: 3,943
$79,375
Walk: 4.6
46595
6.6 mi
Pop: 54
46615
7.0 mi
Pop: 14,411
$57,983
Walk: 9.8
46635
8.5 mi
Pop: 6,552
$79,416
Walk: 6.1
46530
8.7 mi
Pop: 31,907
$114,684
Walk: 7.0
46617
8.8 mi
Pop: 10,402
$73,700
Walk: 9.3
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