Nursing Care Facilities Market: ZIP 38753
Opportunity Score
30
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38753 is an rural area. with a population of 1,238 and household incomes near the national median ($53,790).
Area Profile
1,238
Population
$53,790
Median Income
-28% vs. national
Rural
Area Type
Median Age: 42.0 —
older demographic, may prefer sit-down options.
College-Educated: 12.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$940
2BR Fair Market Rent
$585
Median Gross Rent
$130 K
Median Home Value
1
Bank Branches
$20 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.
- 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
- Bank Branches
- 1
vs. National Average
Median Income
-28% vs. $74,580
Nearby Markets
38754
7.3 mi
Pop: 1,268
$31,691
Walk: 4.8
38751
9.5 mi
Pop: 10,255
$42,965
Walk: 8.5
38761
9.6 mi
Pop: 1,918
$35,680
39038
12.7 mi
Pop: 5,363
$34,157
Walk: 5.7
38778
14.9 mi
Pop: 1,450
$41,053
Walk: 5.4
38946
15.9 mi
Pop: 172
$18,833
38941
18.2 mi
Pop: 3,478
$33,967
38756
19.2 mi
Pop: 6,568
$47,176
Walk: 6.7
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