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Showing results for ZIP 48446 (MI)
Home ZIP 14850

Nursing Care Facilities Market: ZIP 14850

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

Market Summary

ZIP 14850 is an urban area with low foot traffic. with a population of 66,495 and household incomes near the national median ($69,689).

Area Profile

66,495
Population
$69,689
Median Income
-7% vs. national
Urban
Area Type
7.6/20
Foot Traffic
Car-Dependent
Median Age: 28.7 — young market, strong street food demand.
College-Educated: 40.2% — strong appetite for artisan/specialty food.

Competition

Nursing Care Facilities and related businesses in ZIP 14850.

6
Home Health Agencies
0.9 per 10K residents

Operating Costs

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

$1,780
2BR Fair Market Rent
$1,446
Median Gross Rent
$330 K
Median Home Value
21
Bank Branches
$2.1 M deposits

Tips for Starting a Elder Care Business in New York

  • 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
Related Businesses
6
Bank Branches
21

vs. National Average

Median Income
-7% vs. $74,580
Walkability
-2.9 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