Nursing Care Facilities Market: ZIP 49338
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49338 is an suburban area. with a population of 1,861 and household incomes near the national median ($64,297).
Area Profile
1,861
Population
$64,297
Median Income
-14% vs. national
Suburban
Area Type
Median Age: 33.7 —
mixed-age market, broad menu appeal.
College-Educated: 11.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,090
2BR Fair Market Rent
$947
Median Gross Rent
$150 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
-14% vs. $74,580
Nearby Markets
49307
9.7 mi
Pop: 18,063
$54,803
Walk: 10.1
49677
9.8 mi
Pop: 7,286
$58,829
Walk: 5.1
49623
11.3 mi
Pop: 1,030
$56,875
49312
13.8 mi
Pop: 188
$40,208
49639
14.3 mi
Pop: 2,420
$62,409
Walk: 4.6
49642
15.5 mi
Pop: 1,062
$26,471
49349
16.9 mi
Pop: 8,059
$52,786
Walk: 5.8
49346
17.5 mi
Pop: 4,851
$67,627
Walk: 5.1
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