Nursing Care Facilities Market: ZIP 46545
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46545 is an urban area with low foot traffic. with a population of 26,581 and household incomes near the national median ($55,889).
Area Profile
26,581
Population
$55,889
Median Income
-25% vs. national
Urban
Area Type
9.1/20
Foot Traffic
Very Car-Dependent
Median Age: 38.4 —
mixed-age market, broad menu appeal.
College-Educated: 21.5% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 46545.
13
Home Health Agencies
4.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,100
2BR Fair Market Rent
$986
Median Gross Rent
$170 K
Median Home Value
10
Bank Branches
$990 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
- 13
- Bank Branches
- 10
vs. National Average
Median Income
-25% vs. $74,580
Walkability
-1.5 pts vs. national avg
Nearby Markets
46530
3.5 mi
Pop: 31,907
$114,684
Walk: 7.0
46635
4.1 mi
Pop: 6,552
$79,416
Walk: 6.1
46615
4.7 mi
Pop: 14,411
$57,983
Walk: 9.8
46561
5.5 mi
Pop: 14,499
$83,520
Walk: 6.1
46544
5.6 mi
Pop: 31,138
$57,873
Walk: 7.8
46617
6.1 mi
Pop: 10,402
$73,700
Walk: 9.3
46556
6.8 mi
Pop: 8,159
46637
7.2 mi
Pop: 16,079
$72,401
Walk: 7.8
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