Nursing Care Facilities Market: ZIP 48519
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48519 is an urban area with low foot traffic. with a population of 7,523 and household incomes near the national median ($60,625).
Area Profile
7,523
Population
$60,625
Median Income
-19% vs. national
Urban
Area Type
5.6/20
Foot Traffic
Very Car-Dependent
Median Age: 44.8 —
older demographic, may prefer sit-down options.
College-Educated: 11.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,040
2BR Fair Market Rent
$890
Median Gross Rent
$160 K
Median Home Value
1
Bank Branches
$85 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
-19% vs. $74,580
Walkability
-4.9 pts vs. national avg
Nearby Markets
48509
3.3 mi
Pop: 9,532
$64,385
Walk: 9.8
48529
3.8 mi
Pop: 8,959
$38,021
Walk: 11.7
48439
4.8 mi
Pop: 52,071
$88,505
Walk: 7.1
48506
6.1 mi
Pop: 24,538
$44,416
Walk: 9.6
48411
6.2 mi
Pop: 29
48502
6.2 mi
Pop: 1,388
$55,700
48503
7.4 mi
Pop: 22,809
$40,155
Walk: 13.7
48423
7.4 mi
Pop: 33,508
$64,096
Walk: 6.3
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