Nursing Care Facilities Market: ZIP 29418
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 29418 is an urban area with moderate foot traffic. with a population of 25,589 and household incomes near the national median ($62,421).
Area Profile
25,589
Population
$62,421
Median Income
-16% vs. national
Urban
Area Type
11.6/20
Foot Traffic
Walkable
Median Age: 37.2 —
mixed-age market, broad menu appeal.
College-Educated: 15.4% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 29418.
3
Home Health Agencies
1.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,600
2BR Fair Market Rent
$1,277
Median Gross Rent
$230 K
Median Home Value
7
Bank Branches
$350 K deposits
Tips for Starting a Elder Care Business in South Carolina
- 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
- Walkable
- Related Businesses
- 3
- Bank Branches
- 7
vs. National Average
Median Income
-16% vs. $74,580
Walkability
+1.1 pts vs. national avg
Nearby Markets
29420
1.6 mi
Pop: 23,311
$69,043
Walk: 10.8
29404
3.1 mi
Pop: 2,217
$74,821
29414
4.6 mi
Pop: 43,717
$91,976
Walk: 12.5
29406
4.6 mi
Pop: 32,482
$50,640
Walk: 11.7
29456
5.3 mi
Pop: 39,280
$79,038
Walk: 8.9
29410
5.9 mi
Pop: 20,984
$84,061
Walk: 9.4
29485
7.9 mi
Pop: 58,670
$83,287
Walk: 7.3
29405
8.9 mi
Pop: 26,717
$54,566
Walk: 13.7
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