Nursing Care Facilities Market: ZIP 46613
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46613 is an urban area with moderate foot traffic. with a population of 11,726 and household incomes below the national median ($41,625).
Area Profile
11,726
Population
$41,625
Median Income
-44% vs. national
Urban
Area Type
10.6/20
Foot Traffic
Walkable
Median Age: 28.3 —
young market, strong street food demand.
College-Educated: 7.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,110
2BR Fair Market Rent
$991
Median Gross Rent
$71 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.
- Median income sits at $41,625. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
vs. National Average
Median Income
-44% vs. $74,580
Walkability
+0.1 pts vs. national avg
Nearby Markets
46601
1.5 mi
Pop: 4,933
$27,080
Walk: 11.0
46616
3.0 mi
Pop: 6,219
$56,293
Walk: 8.0
46617
3.1 mi
Pop: 10,402
$73,700
Walk: 9.3
46614
3.4 mi
Pop: 29,339
$70,998
Walk: 6.5
46624
3.5 mi
Pop: 31
46556
3.7 mi
Pop: 8,159
46615
4.0 mi
Pop: 14,411
$57,983
Walk: 9.8
46637
5.8 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