Nursing Care Facilities Market: ZIP 46573
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46573 is an urban area with low foot traffic. with a population of 3,943 and household incomes above the national median ($79,375).
Area Profile
3,943
Population
$79,375
Median Income
+6% vs. national
Urban
Area Type
4.6/20
Foot Traffic
Very Car-Dependent
Median Age: 38.7 —
mixed-age market, broad menu appeal.
College-Educated: 17.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,050
2BR Fair Market Rent
$1,054
Median Gross Rent
$220 K
Median Home Value
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
vs. National Average
Median Income
+6% vs. $74,580
Walkability
-5.9 pts vs. national avg
Nearby Markets
46544
6.3 mi
Pop: 31,138
$57,873
Walk: 7.8
46595
6.6 mi
Pop: 54
46517
7.6 mi
Pop: 25,438
$53,263
Walk: 9.6
46550
8.2 mi
Pop: 12,442
$80,403
Walk: 10.1
46561
8.4 mi
Pop: 14,499
$83,520
Walk: 6.1
46506
9.1 mi
Pop: 10,095
$72,689
Walk: 7.5
46545
11.6 mi
Pop: 26,581
$55,889
Walk: 9.1
46516
12.5 mi
Pop: 31,959
$54,934
Walk: 9.3
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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