Nursing Care Facilities Market: ZIP 49329
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49329 is an urban area. with a population of 9,030 and household incomes near the national median ($71,585).
Area Profile
9,030
Population
$71,585
Median Income
-4% vs. national
Urban
Area Type
Median Age: 37.7 —
mixed-age market, broad menu appeal.
College-Educated: 10.4% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 49329.
3
Home Health Agencies
3.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,150
2BR Fair Market Rent
$870
Median Gross Rent
$190 K
Median Home Value
2
Bank Branches
$84 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
- Related Businesses
- 3
- Bank Branches
- 2
vs. National Average
Median Income
-4% vs. $74,580
Nearby Markets
49339
5.2 mi
Pop: 2,327
$79,511
49343
7.7 mi
Pop: 5,445
$81,722
Walk: 4.3
49336
8.1 mi
Pop: 4,727
$54,861
49322
10.5 mi
Pop: 1,222
$69,231
49347
12.2 mi
Pop: 1,496
$87,833
Walk: 3.8
49319
12.4 mi
Pop: 18,725
$78,247
Walk: 7.6
49346
13.9 mi
Pop: 4,851
$67,627
Walk: 5.1
49337
15.5 mi
Pop: 13,030
$64,442
Walk: 5.8
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