ElderCareCost
Showing results for ZIP 38964 (MS)
Home ZIP 90058

Nursing Care Facilities Market: ZIP 90058

Opportunity Score
56 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 90058 is an urban area with high foot traffic. with a population of 3,409 and household incomes below the national median ($36,680).

Area Profile

3,409
Population
$36,680
Median Income
-51% vs. national
Urban
Area Type
15.1/20
Foot Traffic
Very Walkable
Median Age: 29.0 — young market, strong street food demand.
College-Educated: 12.9% — value-focused market, keep prices competitive.

Operating Costs

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

$2,290
2BR Fair Market Rent
$1,030
Median Gross Rent
$460 K
Median Home Value
1
Bank Branches
$98 K deposits

Tips for Starting a Elder Care Business in California

  • 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 $36,680. 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