Nursing Care Facilities Market: ZIP 49006
Opportunity Score
51
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49006 is an urban area with low foot traffic. with a population of 25,888 and household incomes below the national median ($45,617).
Area Profile
25,888
Population
$45,617
Median Income
-39% vs. national
Urban
Area Type
6.8/20
Foot Traffic
Car-Dependent
Median Age: 23.4 —
young market, strong street food demand.
College-Educated: 19.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,070
2BR Fair Market Rent
$991
Median Gross Rent
$200 K
Median Home Value
2
Bank Branches
$230 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
- Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
-39% vs. $74,580
Walkability
-3.7 pts vs. national avg
Nearby Markets
49008
2.4 mi
Pop: 16,488
$67,339
Walk: 7.6
49007
2.9 mi
Pop: 9,747
$39,309
Walk: 7.8
49009
4.8 mi
Pop: 47,606
$82,364
49001
5.1 mi
Pop: 21,313
$52,327
49004
6.1 mi
Pop: 17,796
$72,434
Walk: 10.7
49024
6.2 mi
Pop: 30,937
$86,427
Walk: 7.8
49074
6.4 mi
Pop: 212
$21,563
Walk: 6.9
49002
8.5 mi
Pop: 19,444
$71,621
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