Nursing Care Facilities Market: ZIP 49224
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49224 is an rural area with low foot traffic. with a population of 13,309 and household incomes near the national median ($52,552).
Area Profile
13,309
Population
$52,552
Median Income
-30% vs. national
Rural
Area Type
6.3/20
Foot Traffic
Car-Dependent
Median Age: 32.0 —
mixed-age market, broad menu appeal.
College-Educated: 10.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$990
2BR Fair Market Rent
$846
Median Gross Rent
$120 K
Median Home Value
2
Bank Branches
$110 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
- Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
-30% vs. $74,580
Walkability
-4.3 pts vs. national avg
Nearby Markets
49284
8.1 mi
Pop: 2,436
$62,651
Walk: 3.6
49237
10.0 mi
Pop: 3,094
$66,667
49245
10.7 mi
Pop: 4,472
$59,460
Walk: 2.6
49269
11.5 mi
Pop: 5,874
$83,933
Walk: 3.9
49068
13.4 mi
Pop: 14,954
$78,476
Walk: 7.4
49076
13.8 mi
Pop: 4,255
$67,614
49283
14.2 mi
Pop: 4,597
$93,821
Walk: 5.3
49241
15.4 mi
Pop: 2,086
$81,471
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