Nursing Care Facilities Market: ZIP 48749
Opportunity Score
28
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48749 is an rural area. with a population of 1,214 and household incomes near the national median ($50,833).
Area Profile
1,214
Population
$50,833
Median Income
-32% vs. national
Rural
Area Type
Median Age: 43.9 —
older demographic, may prefer sit-down options.
College-Educated: 6.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,080
2BR Fair Market Rent
$870
Median Gross Rent
$120 K
Median Home Value
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
vs. National Average
Median Income
-32% vs. $74,580
Nearby Markets
48766
5.0 mi
Pop: 1,372
$55,156
Walk: 4.2
48658
6.0 mi
Pop: 4,806
$52,899
48659
10.4 mi
Pop: 2,740
$58,021
Walk: 5.0
48756
13.4 mi
Pop: 3,939
$39,435
Walk: 4.1
48765
14.3 mi
Pop: 571
$46,458
48770
14.9 mi
Pop: 1,908
$51,576
Walk: 4.8
48703
15.5 mi
Pop: 2,940
$60,365
48650
16.1 mi
Pop: 6,662
$63,662
Walk: 6.1
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