Nursing Care Facilities Market: ZIP 49076
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49076 is an urban area. with a population of 4,255 and household incomes near the national median ($67,614).
Area Profile
4,255
Population
$67,614
Median Income
-9% vs. national
Urban
Area Type
Median Age: 33.5 —
mixed-age market, broad menu appeal.
College-Educated: 13.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$990
2BR Fair Market Rent
$904
Median Gross Rent
$190 K
Median Home Value
1
Bank Branches
$23 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
- Bank Branches
- 1
vs. National Average
Median Income
-9% vs. $74,580
Nearby Markets
48813
10.3 mi
Pop: 20,263
$77,431
Walk: 7.2
49068
11.3 mi
Pop: 14,954
$78,476
Walk: 7.4
49021
12.2 mi
Pop: 6,467
$78,665
Walk: 3.9
49284
13.5 mi
Pop: 2,436
$62,651
Walk: 3.6
49224
13.8 mi
Pop: 13,309
$52,552
Walk: 6.3
48827
16.1 mi
Pop: 16,070
$76,230
Walk: 4.7
49096
16.8 mi
Pop: 3,196
$74,813
Walk: 3.8
49014
17.7 mi
Pop: 21,931
$63,383
Walk: 7.8
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