Nursing Care Facilities Market: ZIP 29662
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 29662 is an urban area with low foot traffic. with a population of 15,115 and household incomes above the national median ($80,594).
Area Profile
15,115
Population
$80,594
Median Income
+8% vs. national
Urban
Area Type
9.8/20
Foot Traffic
Very Car-Dependent
Median Age: 42.1 —
older demographic, may prefer sit-down options.
College-Educated: 25.1% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 29662.
5
Home Health Agencies
3.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,520
2BR Fair Market Rent
$1,342
Median Gross Rent
$230 K
Median Home Value
7
Bank Branches
$540 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
- Related Businesses
- 5
- Bank Branches
- 7
vs. National Average
Median Income
+8% vs. $74,580
Walkability
-0.7 pts vs. national avg
Nearby Markets
29607
2.8 mi
Pop: 43,325
$69,249
Walk: 11.7
29605
5.3 mi
Pop: 40,161
$63,717
Walk: 13.1
29681
5.4 mi
Pop: 67,657
$107,694
Walk: 8.7
29615
5.4 mi
Pop: 38,709
$74,200
Walk: 12.1
29680
6.5 mi
Pop: 35,264
$85,143
Walk: 5.7
29614
7.7 mi
Pop: 1,904
Walk: 13.8
29601
8.3 mi
Pop: 13,452
$73,321
Walk: 17.7
29650
8.8 mi
Pop: 41,272
$91,640
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