Nursing Care Facilities Market: ZIP 48144
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48144 is an urban area with low foot traffic. with a population of 10,275 and household incomes above the national median ($97,371).
Area Profile
10,275
Population
$97,371
Median Income
+31% vs. national
Urban
Area Type
6.0/20
Foot Traffic
Car-Dependent
Median Age: 46.1 —
older demographic, may prefer sit-down options.
College-Educated: 22.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,290
2BR Fair Market Rent
$1,116
Median Gross Rent
$240 K
Median Home Value
4
Bank Branches
$420 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
- Bank Branches
- 4
vs. National Average
Median Income
+31% vs. $74,580
Walkability
-4.5 pts vs. national avg
Nearby Markets
43613
3.6 mi
Pop: 30,597
$63,425
Walk: 13.5
43623
3.7 mi
Pop: 20,360
$65,908
Walk: 13.1
48182
4.0 mi
Pop: 20,705
$83,155
Walk: 5.2
48177
4.9 mi
Pop: 464
$85,905
43606
5.6 mi
Pop: 24,630
$60,308
Walk: 13.3
43612
5.9 mi
Pop: 28,231
$50,484
Walk: 13.1
49267
6.3 mi
Pop: 3,947
$96,389
43610
6.9 mi
Pop: 4,057
$38,369
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