Nursing Care Facilities Market: ZIP 38654
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38654 is an urban area with low foot traffic. with a population of 57,334 and household incomes above the national median ($99,481).
Area Profile
57,334
Population
$99,481
Median Income
+33% vs. national
Urban
Area Type
5.8/20
Foot Traffic
Very Car-Dependent
Median Age: 38.1 —
mixed-age market, broad menu appeal.
College-Educated: 21.5% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 38654.
5
Home Health Agencies
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,750
2BR Fair Market Rent
$1,570
Median Gross Rent
$280 K
Median Home Value
16
Bank Branches
$1.4 M 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
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 16
vs. National Average
Median Income
+33% vs. $74,580
Walkability
-4.7 pts vs. national avg
Nearby Markets
38141
6.3 mi
Pop: 23,768
$64,050
Walk: 9.4
38125
6.6 mi
Pop: 42,793
$83,184
Walk: 8.4
38672
7.9 mi
Pop: 15,899
$110,665
Walk: 5.2
38115
8.8 mi
Pop: 36,878
$42,931
Walk: 12.2
38119
10.2 mi
Pop: 22,332
$86,325
Walk: 10.6
38118
10.4 mi
Pop: 39,162
$42,464
Walk: 11.9
38138
10.5 mi
Pop: 25,368
$130,125
Walk: 10.2
38611
11.1 mi
Pop: 16,751
$54,198
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