Nursing Care Facilities Market: ZIP 38632
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38632 is an urban area. with a population of 30,824 and household incomes above the national median ($90,277).
Area Profile
30,824
Population
$90,277
Median Income
+21% vs. national
Urban
Area Type
Median Age: 39.4 —
mixed-age market, broad menu appeal.
College-Educated: 24.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,390
2BR Fair Market Rent
$1,203
Median Gross Rent
$290 K
Median Home Value
14
Bank Branches
$820 K deposits
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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 14
vs. National Average
Median Income
+21% vs. $74,580
Nearby Markets
38651
6.8 mi
Pop: 8,491
$96,667
Walk: 3.4
38618
7.7 mi
Pop: 10,022
$54,128
38672
10.0 mi
Pop: 15,899
$110,665
Walk: 5.2
38637
10.9 mi
Pop: 26,622
$56,847
Walk: 6.8
38671
11.8 mi
Pop: 37,070
$61,744
Walk: 7.9
38641
13.3 mi
Pop: 2,102
$85,882
Walk: 3.7
38680
14.3 mi
Pop: 7,069
$68,567
Walk: 3.9
38668
15.7 mi
Pop: 14,123
$67,675
Walk: 5.3
Check Another Market
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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