Nursing Care Facilities Market: ZIP 48442
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48442 is an urban area with low foot traffic. with a population of 22,720 and household incomes above the national median ($80,281).
Area Profile
22,720
Population
$80,281
Median Income
+8% vs. national
Urban
Area Type
5.9/20
Foot Traffic
Very Car-Dependent
Median Age: 43.0 —
older demographic, may prefer sit-down options.
College-Educated: 21.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,350
2BR Fair Market Rent
$1,243
Median Gross Rent
$250 K
Median Home Value
1
Bank Branches
$75 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
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+8% vs. $74,580
Walkability
-4.6 pts vs. national avg
Nearby Markets
48350
6.1 mi
Pop: 7,866
$108,568
48439
8.5 mi
Pop: 52,071
$88,505
Walk: 7.1
48356
10.0 mi
Pop: 8,017
$103,708
Walk: 5.4
48430
10.3 mi
Pop: 38,731
$99,755
Walk: 6.2
48357
10.3 mi
Pop: 8,523
$94,656
Walk: 5.9
48411
10.4 mi
Pop: 29
48438
11.0 mi
Pop: 7,305
$100,759
Walk: 8.3
48383
11.0 mi
Pop: 13,291
$98,617
Walk: 5.0
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