Nursing Care Facilities Market: ZIP 48035
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48035 is an urban area with low foot traffic. with a population of 33,619 and household incomes near the national median ($69,245).
Area Profile
33,619
Population
$69,245
Median Income
-7% vs. national
Urban
Area Type
7.6/20
Foot Traffic
Car-Dependent
Median Age: 40.3 —
older demographic, may prefer sit-down options.
College-Educated: 14.2% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 48035.
11
Home Health Agencies
3.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,300
2BR Fair Market Rent
$1,111
Median Gross Rent
$180 K
Median Home Value
6
Bank Branches
$740 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
- 11
- Bank Branches
- 6
vs. National Average
Median Income
-7% vs. $74,580
Walkability
-2.9 pts vs. national avg
Nearby Markets
48082
2.4 mi
Pop: 16,164
$76,372
Walk: 6.5
48036
2.8 mi
Pop: 22,160
$65,109
Walk: 7.8
48026
3.0 mi
Pop: 14,604
$61,118
Walk: 7.2
48043
3.4 mi
Pop: 15,503
$57,315
Walk: 7.9
48066
3.9 mi
Pop: 47,240
$61,222
Walk: 7.4
48038
4.0 mi
Pop: 44,250
$78,684
Walk: 8.3
48081
4.4 mi
Pop: 20,254
$75,735
Walk: 7.3
48088
5.9 mi
Pop: 23,443
$79,137
Walk: 7.4
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