Nursing Care Facilities Market: ZIP 48622
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48622 is an rural area with low foot traffic. with a population of 5,970 and household incomes near the national median ($57,500).
Area Profile
5,970
Population
$57,500
Median Income
-23% vs. national
Rural
Area Type
8.9/20
Foot Traffic
Car-Dependent
Median Age: 49.8 —
older demographic, may prefer sit-down options.
College-Educated: 13.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,030
2BR Fair Market Rent
$754
Median Gross Rent
$120 K
Median Home Value
1
Bank Branches
$68 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
-23% vs. $74,580
Walkability
-1.6 pts vs. national avg
Nearby Markets
48633
8.4 mi
Pop: 146
$46,944
Walk: 4.2
48632
9.1 mi
Pop: 4,995
$51,740
Walk: 5.7
48878
11.8 mi
Pop: 1,253
$51,875
Walk: 3.1
48617
12.1 mi
Pop: 9,729
$56,601
48893
12.3 mi
Pop: 5,660
$71,081
Walk: 4.4
48625
15.4 mi
Pop: 12,939
$45,156
Walk: 4.1
48858
16.5 mi
Pop: 42,732
$48,794
Walk: 9.5
49679
18.7 mi
Pop: 1,332
$59,313
Walk: 5.2
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