Nursing Care Facilities Market: ZIP 49241
Opportunity Score
54
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49241 is an urban area. with a population of 2,086 and household incomes above the national median ($81,471).
Area Profile
2,086
Population
$81,471
Median Income
+9% vs. national
Urban
Area Type
Median Age: 48.4 —
older demographic, may prefer sit-down options.
College-Educated: 17.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,040
2BR Fair Market Rent
$1,031
Median Gross Rent
$220 K
Median Home Value
1
Bank Branches
$36 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
49258
5.0 mi
Pop: 10
Walk: 3.3
49237
5.5 mi
Pop: 3,094
$66,667
49250
6.1 mi
Pop: 5,674
$61,918
Walk: 6.9
49246
7.0 mi
Pop: 3,486
$81,181
49283
7.2 mi
Pop: 4,597
$93,821
Walk: 5.3
49249
11.6 mi
Pop: 3,433
$84,507
Walk: 4.3
49252
12.3 mi
Pop: 2,480
$52,625
Walk: 3.7
49269
12.5 mi
Pop: 5,874
$83,933
Walk: 3.9
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