Nursing Care Facilities Market: ZIP 48186
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48186 is an urban area with low foot traffic. with a population of 35,791 and household incomes near the national median ($67,203).
Area Profile
35,791
Population
$67,203
Median Income
-10% vs. national
Urban
Area Type
7.4/20
Foot Traffic
Car-Dependent
Median Age: 37.4 —
mixed-age market, broad menu appeal.
College-Educated: 13.0% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 48186.
4
Home Health Agencies
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,330
2BR Fair Market Rent
$1,083
Median Gross Rent
$170 K
Median Home Value
3
Bank Branches
$290 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
- 4
- Bank Branches
- 3
vs. National Average
Median Income
-10% vs. $74,580
Walkability
-3.1 pts vs. national avg
Nearby Markets
48184
2.2 mi
Pop: 17,436
$54,572
Walk: 7.9
48135
2.9 mi
Pop: 26,910
$64,396
Walk: 8.4
48185
2.9 mi
Pop: 48,364
$59,085
Walk: 7.9
48141
3.5 mi
Pop: 25,602
$39,632
Walk: 6.9
48174
4.2 mi
Pop: 31,809
$65,675
Walk: 6.3
48150
5.4 mi
Pop: 26,749
$94,058
Walk: 8.3
48242
5.6 mi
Pop: 0
Walk: 5.8
48127
6.7 mi
Pop: 39,943
$63,084
Walk: 9.8
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