Nursing Care Facilities Market: ZIP 47325
Opportunity Score
34
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47325 is an rural area. with a population of 578 and household incomes above the national median ($76,302).
Area Profile
578
Population
$76,302
Median Income
+2% vs. national
Rural
Area Type
Median Age: 49.0 —
older demographic, may prefer sit-down options.
College-Educated: 8.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,010
2BR Fair Market Rent
$180 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
vs. National Average
Median Income
+2% vs. $74,580
Nearby Markets
47330
6.4 mi
Pop: 5,346
$64,969
Walk: 6.4
47353
7.8 mi
Pop: 5,111
$80,391
Walk: 4.2
47357
10.1 mi
Pop: 1,184
$97,544
Walk: 3.7
47331
11.1 mi
Pop: 22,769
$56,530
Walk: 6.8
47324
11.6 mi
Pop: 262
$67,734
47370
11.9 mi
Pop: 145
$39,583
Walk: 7.1
47374
12.9 mi
Pop: 45,186
$52,566
Walk: 7.3
47345
14.2 mi
Pop: 1,465
$69,274
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