Nursing Care Facilities Market: ZIP 48080
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48080 is an urban area with low foot traffic. with a population of 21,799 and household incomes near the national median ($69,884).
Area Profile
21,799
Population
$69,884
Median Income
-6% vs. national
Urban
Area Type
8.2/20
Foot Traffic
Car-Dependent
Median Age: 44.1 —
older demographic, may prefer sit-down options.
College-Educated: 26.1% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 48080.
10
Home Health Agencies
4.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,330
2BR Fair Market Rent
$1,070
Median Gross Rent
$190 K
Median Home Value
6
Bank Branches
$660 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
- 10
- Bank Branches
- 6
vs. National Average
Median Income
-6% vs. $74,580
Walkability
-2.3 pts vs. national avg
Nearby Markets
48081
2.0 mi
Pop: 20,254
$75,735
Walk: 7.3
48225
2.9 mi
Pop: 16,328
$59,248
Walk: 11.1
48236
3.0 mi
Pop: 31,383
$130,776
Walk: 10.5
48021
3.4 mi
Pop: 34,003
$58,196
Walk: 9.2
48066
4.0 mi
Pop: 47,240
$61,222
Walk: 7.4
48082
4.4 mi
Pop: 16,164
$76,372
Walk: 6.5
48224
4.8 mi
Pop: 38,771
$42,963
Walk: 12.6
48026
6.0 mi
Pop: 14,604
$61,118
Walk: 7.2
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