ElderCareCost
Showing results for ZIP 47366 (IN)
Home ZIP 59635

Nursing Care Facilities Market: ZIP 59635

Opportunity Score
60 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 59635 is an urban area with low foot traffic. with a population of 8,382 and household incomes near the national median ($73,664).

Area Profile

8,382
Population
$73,664
Median Income
-1% vs. national
Urban
Area Type
6.6/20
Foot Traffic
Car-Dependent
Median Age: 42.1 — older demographic, may prefer sit-down options.
College-Educated: 26.4% — balanced market for quality & value.

Operating Costs

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

$1,290
2BR Fair Market Rent
$998
Median Gross Rent
$360 K
Median Home Value
1
Bank Branches
$52 K deposits

Tips for Starting a Elder Care Business in Montana

  • 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
1

vs. National Average

Median Income
-1% vs. $74,580
Walkability
-3.9 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