ElderCareCost
Showing results for ZIP 48195 (MI)
Home ZIP 07716

Nursing Care Facilities Market: ZIP 07716

Opportunity Score
92 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 07716 is an urban area with moderate foot traffic. with a population of 8,528 and household incomes well above the national median ($124,096).

Area Profile

8,528
Population
$124,096
Median Income
+66% vs. national
Urban
Area Type
14.9/20
Foot Traffic
Very Car-Dependent
Median Age: 50.3 — older demographic, may prefer sit-down options.
College-Educated: 35.9% — balanced market for quality & value.

Operating Costs

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

$2,020
2BR Fair Market Rent
$1,863
Median Gross Rent
$620 K
Median Home Value
2
Bank Branches
$140 K deposits

Data sources

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