Nursing Care Facilities Market: ZIP 48227
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48227 is an urban area with moderate foot traffic. with a population of 39,474 and household incomes below the national median ($36,221).
Area Profile
39,474
Population
$36,221
Median Income
-51% vs. national
Urban
Area Type
12.5/20
Foot Traffic
Walkable
Median Age: 37.8 —
mixed-age market, broad menu appeal.
College-Educated: 8.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$1,034
Median Gross Rent
$71 K
Median Home Value
1
Bank Branches
$36 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 $36,221. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 1
vs. National Average
Median Income
-51% vs. $74,580
Walkability
+2.0 pts vs. national avg
Nearby Markets
48235
2.7 mi
Pop: 46,960
$41,011
Walk: 13.1
48228
2.8 mi
Pop: 52,719
$31,485
Walk: 12.3
48238
3.6 mi
Pop: 24,569
$30,286
Walk: 12.5
48204
3.7 mi
Pop: 19,723
$32,875
Walk: 12.4
48223
3.7 mi
Pop: 24,262
$42,324
Walk: 11.7
48221
4.0 mi
Pop: 41,750
$55,583
Walk: 12.9
48126
4.0 mi
Pop: 52,075
$42,353
Walk: 14.7
48219
4.8 mi
Pop: 45,788
$43,882
Walk: 12.2
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