Nursing Care Facilities Market: ZIP 48033
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48033 is an urban area with low foot traffic. with a population of 16,900 and household incomes near the national median ($55,599).
Area Profile
16,900
Population
$55,599
Median Income
-25% vs. national
Urban
Area Type
7.3/20
Foot Traffic
Car-Dependent
Median Age: 45.9 —
older demographic, may prefer sit-down options.
College-Educated: 24.4% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 48033.
8
Home Health Agencies
4.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,540
2BR Fair Market Rent
$1,242
Median Gross Rent
$200 K
Median Home Value
1
Bank Branches
$160 K deposits
Tips for Starting a Elder Care Business in Michigan
- 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
- 8
- Bank Branches
- 1
vs. National Average
Median Income
-25% vs. $74,580
Walkability
-3.2 pts vs. national avg
Nearby Markets
48240
2.5 mi
Pop: 17,097
$57,970
Walk: 8.9
48034
2.6 mi
Pop: 15,213
$59,634
Walk: 7.4
48219
3.7 mi
Pop: 45,788
$43,882
Walk: 12.2
48336
3.8 mi
Pop: 26,920
$85,325
Walk: 8.0
48075
4.4 mi
Pop: 23,158
$67,630
Walk: 10.9
48025
4.6 mi
Pop: 14,755
$177,126
Walk: 7.7
48334
5.0 mi
Pop: 19,218
$98,937
Walk: 8.4
48076
5.1 mi
Pop: 24,817
$85,171
Walk: 8.9
Check Another Market
Or estimate costs with the ElderCareCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits