Nursing Care Facilities Market: ZIP 29438
Opportunity Score
49
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 29438 is an urban area with low foot traffic. with a population of 2,659 and household incomes above the national median ($77,386).
Area Profile
2,659
Population
$77,386
Median Income
+4% vs. national
Urban
Area Type
5.7/20
Foot Traffic
Very Car-Dependent
Median Age: 62.8 —
older demographic, may prefer sit-down options.
College-Educated: 44.6% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,520
2BR Fair Market Rent
$1,019
Median Gross Rent
$560 K
Median Home Value
2
Bank Branches
$68 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
- Very Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
+4% vs. $74,580
Walkability
-4.8 pts vs. national avg
Nearby Markets
29449
9.7 mi
Pop: 7,761
$67,250
29487
11.4 mi
Pop: 2,702
$93,480
Walk: 3.8
29446
13.1 mi
Pop: 1,257
$35,375
29426
14.7 mi
Pop: 1,640
$37,371
29452
14.7 mi
Pop: 200
$95,625
29455
17.8 mi
Pop: 26,308
$117,422
Walk: 6.1
29907
20.2 mi
Pop: 14,848
$90,777
Walk: 6.8
29920
21.2 mi
Pop: 9,918
$72,865
Walk: 4.2
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