Nursing Care Facilities Market: ZIP 48813
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48813 is an suburban area with low foot traffic. with a population of 20,263 and household incomes above the national median ($77,431).
Area Profile
20,263
Population
$77,431
Median Income
+4% vs. national
Suburban
Area Type
7.2/20
Foot Traffic
Car-Dependent
Median Age: 41.3 —
older demographic, may prefer sit-down options.
College-Educated: 13.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$990
2BR Fair Market Rent
$870
Median Gross Rent
$180 K
Median Home Value
3
Bank Branches
$260 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
- Suburban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 3
vs. National Average
Median Income
+4% vs. $74,580
Walkability
-3.3 pts vs. national avg
Nearby Markets
48876
9.3 mi
Pop: 4,301
$72,895
Walk: 6.5
49076
10.3 mi
Pop: 4,255
$67,614
48861
11.8 mi
Pop: 1,852
$88,056
49096
12.0 mi
Pop: 3,196
$74,813
Walk: 3.8
48837
13.0 mi
Pop: 19,822
$93,161
Walk: 7.2
48827
13.5 mi
Pop: 16,070
$76,230
Walk: 4.7
48821
14.2 mi
Pop: 6,180
$103,652
48890
15.7 mi
Pop: 1,967
$66,833
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