Nursing Care Facilities Market: ZIP 46619
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46619 is an urban area with low foot traffic. with a population of 21,179 and household incomes below the national median ($46,679).
Area Profile
21,179
Population
$46,679
Median Income
-37% vs. national
Urban
Area Type
7.4/20
Foot Traffic
Car-Dependent
Median Age: 38.3 —
mixed-age market, broad menu appeal.
College-Educated: 9.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,020
2BR Fair Market Rent
$944
Median Gross Rent
$98 K
Median Home Value
3
Bank Branches
$120 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
- 3
vs. National Average
Median Income
-37% vs. $74,580
Walkability
-3.1 pts vs. national avg
Nearby Markets
46628
4.7 mi
Pop: 27,929
$56,889
Walk: 8.3
46613
6.1 mi
Pop: 11,726
$41,625
Walk: 10.6
46614
6.4 mi
Pop: 29,339
$70,998
Walk: 6.5
46616
6.5 mi
Pop: 6,219
$56,293
Walk: 8.0
46601
7.0 mi
Pop: 4,933
$27,080
Walk: 11.0
46624
7.6 mi
Pop: 31
46556
8.0 mi
Pop: 8,159
46617
8.4 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