Nursing Care Facilities Market: ZIP 48225
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48225 is an urban area with moderate foot traffic. with a population of 16,328 and household incomes near the national median ($59,248).
Area Profile
16,328
Population
$59,248
Median Income
-21% vs. national
Urban
Area Type
11.1/20
Foot Traffic
Walkable
Median Age: 35.4 —
mixed-age market, broad menu appeal.
College-Educated: 15.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,590
2BR Fair Market Rent
$1,304
Median Gross Rent
$140 K
Median Home Value
1
Bank Branches
$200 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
- Walkable
- Bank Branches
- 1
vs. National Average
Median Income
-21% vs. $74,580
Walkability
+0.6 pts vs. national avg
Nearby Markets
48224
2.1 mi
Pop: 38,771
$42,963
Walk: 12.6
48021
2.2 mi
Pop: 34,003
$58,196
Walk: 9.2
48236
2.8 mi
Pop: 31,383
$130,776
Walk: 10.5
48080
2.9 mi
Pop: 21,799
$69,884
Walk: 8.2
48205
3.6 mi
Pop: 32,466
$40,612
Walk: 12.8
48230
3.9 mi
Pop: 17,330
$131,155
Walk: 11.1
48081
4.5 mi
Pop: 20,254
$75,735
Walk: 7.3
48215
4.7 mi
Pop: 10,238
$33,741
Walk: 11.5
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