Nursing Care Facilities Market: ZIP 38846
Opportunity Score
33
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38846 is an suburban area with low foot traffic. with a population of 2,067 and household incomes near the national median ($59,963).
Area Profile
2,067
Population
$59,963
Median Income
-20% vs. national
Suburban
Area Type
3.6/20
Foot Traffic
Very Car-Dependent
Median Age: 42.1 —
older demographic, may prefer sit-down options.
College-Educated: 11.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$950
2BR Fair Market Rent
$676
Median Gross Rent
$120 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.
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
-20% vs. $74,580
Walkability
-6.9 pts vs. national avg
Nearby Markets
38833
3.2 mi
Pop: 2,452
$51,858
38852
11.6 mi
Pop: 8,719
$44,244
Walk: 5.4
38834
12.9 mi
Pop: 27,146
$50,125
Walk: 8.1
38357
13.9 mi
Pop: 3,382
$53,375
38865
15.1 mi
Pop: 5,367
$47,453
Walk: 3.0
38326
15.3 mi
Pop: 2,566
$49,145
38873
15.9 mi
Pop: 2,433
$60,150
Walk: 3.1
38339
16.5 mi
Pop: 464
$63,125
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