ElderCareCost
Showing results for ZIP 49349 (MI)
Home ZIP 19807

Nursing Care Facilities Market: ZIP 19807

Opportunity Score
89 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 19807 is an urban area with moderate foot traffic. with a population of 7,763 and household incomes well above the national median ($156,905).

Area Profile

7,763
Population
$156,905
Median Income
+110% vs. national
Urban
Area Type
13.8/20
Foot Traffic
Walkable
Median Age: 53.4 — older demographic, may prefer sit-down options.
College-Educated: 60.2% — strong appetite for artisan/specialty food.

Operating Costs

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

$2,200
2BR Fair Market Rent
$1,600
Median Gross Rent
$900 K
Median Home Value
10
Bank Branches
$1.7 M deposits

Tips for Starting a Elder Care Business in Delaware

  • 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.
  • The median income here is $156,905. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Bank Branches
10

vs. National Average

Median Income
+110% vs. $74,580
Walkability
+3.3 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