Nursing Care Facilities Market: ZIP 48910
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48910 is an urban area with moderate foot traffic. with a population of 32,801 and household incomes near the national median ($52,154).
Area Profile
32,801
Population
$52,154
Median Income
-30% vs. national
Urban
Area Type
13.0/20
Foot Traffic
Walkable
Median Age: 34.2 —
mixed-age market, broad menu appeal.
College-Educated: 22.2% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 48910.
6
Home Health Agencies
1.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,090
2BR Fair Market Rent
$1,003
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 6
vs. National Average
Median Income
-30% vs. $74,580
Walkability
+2.5 pts vs. national avg
Nearby Markets
48912
2.9 mi
Pop: 17,398
$53,072
Walk: 13.8
48933
3.1 mi
Pop: 3,349
$36,895
Walk: 13.7
48825
3.4 mi
Pop: 11,127
Walk: 12.1
48911
3.7 mi
Pop: 40,407
$54,882
Walk: 9.1
48824
3.8 mi
Pop: 2,061
48915
4.3 mi
Pop: 9,315
$51,653
Walk: 14.6
48842
4.4 mi
Pop: 21,504
$86,830
Walk: 12.5
48823
6.4 mi
Pop: 49,379
$50,837
Walk: 13.1
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