Nursing Care Facilities Market: ZIP 49319
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49319 is an urban area with low foot traffic. with a population of 18,725 and household incomes above the national median ($78,247).
Area Profile
18,725
Population
$78,247
Median Income
+5% vs. national
Urban
Area Type
7.6/20
Foot Traffic
Car-Dependent
Median Age: 41.3 —
older demographic, may prefer sit-down options.
College-Educated: 13.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,330
2BR Fair Market Rent
$1,060
Median Gross Rent
$250 K
Median Home Value
3
Bank Branches
$220 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
- Foot Traffic
- Car-Dependent
- Bank Branches
- 3
vs. National Average
Median Income
+5% vs. $74,580
Walkability
-2.9 pts vs. national avg
Nearby Markets
49343
4.8 mi
Pop: 5,445
$81,722
Walk: 4.3
49339
7.3 mi
Pop: 2,327
$79,511
49341
7.7 mi
Pop: 39,680
$112,932
Walk: 5.5
49306
11.0 mi
Pop: 10,806
$104,618
49329
12.4 mi
Pop: 9,030
$71,585
49345
13.3 mi
Pop: 13,189
$84,918
Walk: 5.4
49347
13.8 mi
Pop: 1,496
$87,833
Walk: 3.8
49330
14.4 mi
Pop: 5,619
$74,484
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