ElderCareCost
Showing results for ZIP 48236 (MI)
Home ZIP 00925

Nursing Care Facilities Market: ZIP 00925

Opportunity Score
45 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 00925 is an urban area with low foot traffic. with a population of 4,777 and household incomes below the national median ($14,940).

Area Profile

4,777
Population
$14,940
Median Income
-80% vs. national
Urban
Area Type
7.2/20
Foot Traffic
Car-Dependent
Median Age: 44.7 — older demographic, may prefer sit-down options.
College-Educated: 29.0% — balanced market for quality & value.

Operating Costs

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

$610
2BR Fair Market Rent
$581
Median Gross Rent
$140 K
Median Home Value
3
Bank Branches
$280 K deposits

Tips for Starting a Elder Care Business in ZIP 00925

  • 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.
  • Median income sits at $14,940. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

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