Nursing Care Facilities Market: ZIP 48335
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48335 is an urban area with low foot traffic. with a population of 24,298 and household incomes above the national median ($96,359).
Area Profile
24,298
Population
$96,359
Median Income
+29% vs. national
Urban
Area Type
7.0/20
Foot Traffic
Car-Dependent
Median Age: 36.0 —
mixed-age market, broad menu appeal.
College-Educated: 49.7% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 48335.
5
Home Health Agencies
2.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,830
2BR Fair Market Rent
$1,451
Median Gross Rent
$370 K
Median Home Value
3
Bank Branches
$1.3 M 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
- 5
- Bank Branches
- 3
vs. National Average
Median Income
+29% vs. $74,580
Walkability
-3.5 pts vs. national avg
Nearby Markets
48331
2.7 mi
Pop: 22,033
$121,101
Walk: 7.8
48152
3.4 mi
Pop: 30,394
$89,019
Walk: 7.7
48336
3.9 mi
Pop: 26,920
$85,325
Walk: 8.0
48375
4.1 mi
Pop: 23,927
$112,978
Walk: 7.7
48334
4.8 mi
Pop: 19,218
$98,937
Walk: 8.4
48154
5.0 mi
Pop: 36,915
$103,763
Walk: 7.9
48322
5.4 mi
Pop: 33,197
$118,001
Walk: 7.8
48377
5.6 mi
Pop: 19,775
$83,368
Walk: 8.7
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