Nursing Care Facilities Market: ZIP 38868
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38868 is an suburban area with low foot traffic. with a population of 4,700 and household incomes near the national median ($52,985).
Area Profile
4,700
Population
$52,985
Median Income
-29% vs. national
Suburban
Area Type
3.7/20
Foot Traffic
Very Car-Dependent
Median Age: 38.3 —
mixed-age market, broad menu appeal.
College-Educated: 14.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$990
2BR Fair Market Rent
$850
Median Gross Rent
$140 K
Median Home Value
1
Bank Branches
$45 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
- Suburban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
-29% vs. $74,580
Walkability
-6.8 pts vs. national avg
Nearby Markets
38879
5.2 mi
Pop: 37
Walk: 5.8
38801
7.0 mi
Pop: 29,817
$63,447
Walk: 7.9
38862
8.8 mi
Pop: 2,000
$51,688
Walk: 6.1
38860
10.3 mi
Pop: 6,313
$43,931
38804
11.8 mi
Pop: 16,920
$63,837
Walk: 10.0
38826
14.2 mi
Pop: 5,711
$76,946
Walk: 5.1
38858
14.8 mi
Pop: 6,279
$60,852
Walk: 3.1
38857
15.8 mi
Pop: 4,403
$102,571
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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