ElderCareCost
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Home ZIP 39216

Nursing Care Facilities Market: ZIP 39216

Opportunity Score
51 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 39216 is an urban area with moderate foot traffic. with a population of 3,056 and household incomes below the national median ($43,315).

Area Profile

3,056
Population
$43,315
Median Income
-42% vs. national
Urban
Area Type
12.2/20
Foot Traffic
Walkable
Median Age: 35.8 — mixed-age market, broad menu appeal.
College-Educated: 46.6% — strong appetite for artisan/specialty food.

Operating Costs

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

$1,250
2BR Fair Market Rent
$1,128
Median Gross Rent
$250 K
Median Home Value
7
Bank Branches
$660 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 $43,315. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

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