Nursing Care Facilities Market: ZIP 49274
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49274 is an suburban area with low foot traffic. with a population of 3,777 and household incomes near the national median ($56,125).
Area Profile
3,777
Population
$56,125
Median Income
-25% vs. national
Suburban
Area Type
3.9/20
Foot Traffic
Very Car-Dependent
Median Age: 41.5 —
older demographic, may prefer sit-down options.
College-Educated: 14.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$742
Median Gross Rent
$160 K
Median Home Value
1
Bank Branches
$29 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
- Suburban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
-25% vs. $74,580
Walkability
-6.6 pts vs. national avg
Nearby Markets
49227
7.2 mi
Pop: 1,210
$51,848
49255
8.9 mi
Pop: 2,148
$48,125
49232
9.8 mi
Pop: 2,829
$53,462
49242
9.8 mi
Pop: 14,768
$57,813
Walk: 8.4
49082
10.4 mi
Pop: 6,374
$72,938
Walk: 4.9
49252
13.0 mi
Pop: 2,480
$52,625
Walk: 3.7
46737
13.4 mi
Pop: 7,076
$72,927
Walk: 5.7
49266
14.7 mi
Pop: 2,906
$63,724
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