ElderCareCost
Showing results for ZIP 46970 (IN)
Home ZIP 54174

Nursing Care Facilities Market: ZIP 54174

Opportunity Score
51 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 54174 is an rural area with low foot traffic. with a population of 3,124 and household incomes near the national median ($71,774).

Area Profile

3,124
Population
$71,774
Median Income
-4% vs. national
Rural
Area Type
4.5/20
Foot Traffic
Very Car-Dependent
Median Age: 53.3 — older demographic, may prefer sit-down options.
College-Educated: 11.7% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$930
2BR Fair Market Rent
$828
Median Gross Rent
$180 K
Median Home Value

Tips for Starting a Elder Care Business in Wisconsin

  • 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
-4% vs. $74,580
Walkability
-6.1 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits