Nursing Care Facilities Market: ZIP 49073
Opportunity Score
51
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49073 is an rural area with low foot traffic. with a population of 4,853 and household incomes near the national median ($61,484).
Area Profile
4,853
Population
$61,484
Median Income
-18% vs. national
Rural
Area Type
3.0/20
Foot Traffic
Very Car-Dependent
Median Age: 41.5 —
older demographic, may prefer sit-down options.
College-Educated: 7.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$990
2BR Fair Market Rent
$861
Median Gross Rent
$170 K
Median Home Value
2
Bank Branches
$61 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
- Very Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
-18% vs. $74,580
Walkability
-7.5 pts vs. national avg
Nearby Markets
48897
8.9 mi
Pop: 1,687
$69,674
49021
9.3 mi
Pop: 6,467
$78,665
Walk: 3.9
49096
9.3 mi
Pop: 3,196
$74,813
Walk: 3.8
49050
9.6 mi
Pop: 1,381
$72,308
49058
12.7 mi
Pop: 19,513
$71,169
49017
13.7 mi
Pop: 20,785
$58,500
Walk: 7.4
48890
17.2 mi
Pop: 1,967
$66,833
Walk: 5.0
49325
17.6 mi
Pop: 2,798
$82,361
Walk: 5.4
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