Nursing Care Facilities Market: ZIP 48212
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48212 is an urban area with moderate foot traffic. with a population of 42,587 and household incomes below the national median ($37,293).
Area Profile
42,587
Population
$37,293
Median Income
-50% vs. national
Urban
Area Type
13.5/20
Foot Traffic
Walkable
Median Age: 29.7 —
young market, strong street food demand.
College-Educated: 9.3% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 48212.
5
Home Health Agencies
1.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$935
Median Gross Rent
$98 K
Median Home Value
2
Bank Branches
$270 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.
- Median income sits at $37,293. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 5
- Bank Branches
- 2
vs. National Average
Median Income
-50% vs. $74,580
Walkability
+3.0 pts vs. national avg
Nearby Markets
48234
1.9 mi
Pop: 32,406
$36,473
Walk: 11.6
48211
2.1 mi
Pop: 5,556
$33,347
Walk: 12.6
48202
2.9 mi
Pop: 14,792
$36,536
Walk: 13.4
48203
3.5 mi
Pop: 20,472
$35,108
Walk: 13.1
48091
4.0 mi
Pop: 30,207
$53,400
Walk: 8.5
48206
4.3 mi
Pop: 16,447
$43,702
Walk: 11.9
48213
4.3 mi
Pop: 19,869
$33,755
Walk: 12.2
48201
4.4 mi
Pop: 14,327
$24,392
Walk: 14.5
Check Another Market
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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