Nursing Care Facilities Market: ZIP 48084
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48084 is an urban area with low foot traffic. with a population of 15,659 and household incomes well above the national median ($106,004).
Area Profile
15,659
Population
$106,004
Median Income
+42% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Very Car-Dependent
Median Age: 37.6 —
mixed-age market, broad menu appeal.
College-Educated: 52.0% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 48084.
24
Home Health Agencies
15.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,890
2BR Fair Market Rent
$1,648
Median Gross Rent
$420 K
Median Home Value
12
Bank Branches
$26 M 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.
- The median income here is $106,004. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 24
- Bank Branches
- 12
vs. National Average
Median Income
+42% vs. $74,580
Walkability
-1.5 pts vs. national avg
Nearby Markets
48017
2.4 mi
Pop: 11,271
$86,935
Walk: 9.6
48098
2.6 mi
Pop: 20,658
$165,781
Walk: 7.6
48073
3.0 mi
Pop: 33,427
$86,426
Walk: 8.0
48009
3.1 mi
Pop: 21,623
$152,443
Walk: 9.4
48083
4.1 mi
Pop: 23,619
$88,551
Walk: 8.8
48072
4.4 mi
Pop: 15,084
$113,103
Walk: 9.7
48304
4.4 mi
Pop: 17,436
$140,700
Walk: 7.1
48085
4.8 mi
Pop: 27,371
$144,146
Walk: 7.8
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