Nursing Care Facilities Market: ZIP 49643
Opportunity Score
78
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 49643 is an urban area. with a population of 7,486 and household incomes above the national median ($81,061).
Area Profile
7,486
Population
$81,061
Median Income
+9% vs. national
Urban
Area Type
Median Age: 39.9 —
mixed-age market, broad menu appeal.
College-Educated: 23.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,250
2BR Fair Market Rent
$900
Median Gross Rent
$250 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
- Urban
vs. National Average
Median Income
+9% vs. $74,580
Nearby Markets
49650
8.0 mi
Pop: 3,448
$91,108
Walk: 6.8
49637
8.2 mi
Pop: 3,535
$74,871
49683
9.6 mi
Pop: 2,070
$57,875
Walk: 5.1
49685
9.8 mi
Pop: 21,297
$82,639
Walk: 5.3
49620
13.0 mi
Pop: 2,859
$74,313
49684
13.0 mi
Pop: 21,328
$75,678
Walk: 12.2
49617
14.0 mi
Pop: 3,250
$66,844
49625
14.4 mi
Pop: 1,332
$47,083
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