Nursing Care Facilities Market: ZIP 38627
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38627 is an rural area. with a population of 1,348 and household incomes near the national median ($69,732).
Area Profile
1,348
Population
$69,732
Median Income
-7% vs. national
Rural
Area Type
Median Age: 50.3 —
older demographic, may prefer sit-down options.
College-Educated: 13.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,140
2BR Fair Market Rent
$140 K
Median Home Value
Tips for Starting a Elder Care Business in Mississippi
- 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
-7% vs. $74,580
Nearby Markets
38650
8.5 mi
Pop: 5,072
$70,794
38871
8.6 mi
Pop: 2,154
$63,661
Walk: 3.1
38659
13.2 mi
Pop: 2,117
$45,306
38633
13.6 mi
Pop: 2,091
$36,391
38601
14.8 mi
Pop: 2,531
$50,568
38841
16.7 mi
Pop: 4,057
$54,684
Walk: 2.5
38652
16.8 mi
Pop: 15,540
$54,321
Walk: 5.9
38655
19.2 mi
Pop: 45,377
$64,423
Walk: 8.3
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