Nursing Care Facilities Market: ZIP 46764
Opportunity Score
33
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46764 is an rural area with low foot traffic. with a population of 1,697 and household incomes near the national median ($66,818).
Area Profile
1,697
Population
$66,818
Median Income
-10% vs. national
Rural
Area Type
3.3/20
Foot Traffic
Very Car-Dependent
Median Age: 36.5 —
mixed-age market, broad menu appeal.
College-Educated: 12.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,240
2BR Fair Market Rent
$1,023
Median Gross Rent
$230 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
-10% vs. $74,580
Walkability
-7.2 pts vs. national avg
Nearby Markets
46562
4.5 mi
Pop: 5,118
$61,599
46555
8.9 mi
Pop: 2,398
$70,268
46760
10.2 mi
Pop: 1,129
$44,375
Walk: 3.8
46787
10.2 mi
Pop: 4,144
$70,030
Walk: 5.6
46725
10.9 mi
Pop: 22,941
$76,214
Walk: 5.2
46732
10.9 mi
Pop: 2,434
$63,258
Walk: 6.3
46796
12.0 mi
Pop: 217
Walk: 3.3
46590
12.7 mi
Pop: 5,073
$97,813
Walk: 5.6
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