Nursing Care Facilities Market: ZIP 49248
Opportunity Score
26
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49248 is an suburban area. with a population of 879 and household incomes near the national median ($60,313).
Area Profile
879
Population
$60,313
Median Income
-19% vs. national
Suburban
Area Type
Median Age: 42.9 —
older demographic, may prefer sit-down options.
College-Educated: 9.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,410
2BR Fair Market Rent
$1,271
Median Gross Rent
$140 K
Median Home Value
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
- Suburban
vs. National Average
Median Income
-19% vs. $74,580
Nearby Markets
49279
6.6 mi
Pop: 882
$69,231
43533
6.6 mi
Pop: 1,533
$63,333
43540
6.6 mi
Pop: 1,487
$102,500
49289
6.7 mi
Pop: 68
$76,563
Walk: 3.1
49268
9.6 mi
Pop: 1,026
$87,250
Walk: 3.5
49228
10.0 mi
Pop: 5,523
$75,481
Walk: 8.0
49221
10.7 mi
Pop: 41,041
$57,316
Walk: 8.8
43515
11.7 mi
Pop: 8,139
$77,654
Walk: 7.7
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