Nursing Care Facilities Market: ZIP 49266
Opportunity Score
54
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49266 is an suburban area. with a population of 2,906 and household incomes near the national median ($63,724).
Area Profile
2,906
Population
$63,724
Median Income
-15% vs. national
Suburban
Area Type
Median Age: 56.4 —
older demographic, may prefer sit-down options.
College-Educated: 11.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$930
Median Gross Rent
$160 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
-15% vs. $74,580
Nearby Markets
49242
6.1 mi
Pop: 14,768
$57,813
Walk: 8.4
49271
6.5 mi
Pop: 2,354
$52,870
Walk: 4.0
49262
10.1 mi
Pop: 1,298
$48,125
49232
10.6 mi
Pop: 2,829
$53,462
49288
10.9 mi
Pop: 1,517
$55,903
Walk: 4.1
43554
12.6 mi
Pop: 2,035
$56,708
43501
12.9 mi
Pop: 761
$67,610
49250
13.7 mi
Pop: 5,674
$61,918
Walk: 6.9
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