Nursing Care Facilities Market: ZIP 46763
Opportunity Score
45
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46763 is an suburban area with low foot traffic. with a population of 1,358 and household incomes above the national median ($98,603).
Area Profile
1,358
Population
$98,603
Median Income
+32% vs. national
Suburban
Area Type
5.7/20
Foot Traffic
Very Car-Dependent
Median Age: 48.2 —
older demographic, may prefer sit-down options.
College-Educated: 16.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,140
2BR Fair Market Rent
$260 K
Median Home Value
1
Bank Branches
$51 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
- Suburban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+32% vs. $74,580
Walkability
-4.8 pts vs. national avg
Nearby Markets
46710
3.8 mi
Pop: 4,486
$81,927
46723
6.4 mi
Pop: 7,575
$80,183
46748
6.9 mi
Pop: 6,933
$98,443
46738
7.1 mi
Pop: 8,462
$62,212
Walk: 8.0
46755
10.6 mi
Pop: 15,528
$66,034
Walk: 8.7
46818
10.7 mi
Pop: 21,914
$86,583
Walk: 6.0
46845
11.3 mi
Pop: 28,664
$115,690
Walk: 6.2
46825
12.8 mi
Pop: 29,071
$68,890
Walk: 12.7
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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