ElderCareCost
Showing results for ZIP 48069 (MI)
Home ZIP 39120

Nursing Care Facilities Market: ZIP 39120

Opportunity Score
39 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 39120 is an suburban area with low foot traffic. with a population of 29,212 and household incomes below the national median ($40,586). There are 3 nursing care facilities operations in ZIP 39120.

Area Profile

29,212
Population
$40,586
Median Income
-46% vs. national
Suburban
Area Type
6.2/20
Foot Traffic
Car-Dependent
Median Age: 42.5 — older demographic, may prefer sit-down options.
College-Educated: 13.6% — value-focused market, keep prices competitive.

Competition

Nursing Care Facilities and related businesses in ZIP 39120.

3
Nursing Care Facilities
Low competition — room to establish
1.0 per 10K residents
5
Home Health Agencies
1.7 per 10K residents
What this means: Nursing Care Facilities are 37.5% of the relevant market in ZIP 39120 (3 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$940
2BR Fair Market Rent
$720
Median Gross Rent
$110 K
Median Home Value
14
Bank Branches
$700 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.
  • Median income sits at $40,586. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Quick Facts

Area Type
Suburban
Foot Traffic
Car-Dependent
Nursing Care Facilities
3
Related Businesses
5
Bank Branches
14

vs. National Average

Median Income
-46% vs. $74,580
Walkability
-4.3 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits