ElderCareCost
Showing results for ZIP 39701 (MS)
Home ZIP 96073

Nursing Care Facilities Market: ZIP 96073

Opportunity Score
77 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 96073 is an urban area with low foot traffic. with a population of 5,633 and household incomes well above the national median ($123,237).

Area Profile

5,633
Population
$123,237
Median Income
+65% vs. national
Urban
Area Type
6.0/20
Foot Traffic
Car-Dependent
Median Age: 42.8 — older demographic, may prefer sit-down options.
College-Educated: 28.4% — balanced market for quality & value.

Operating Costs

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

$2,420
2BR Fair Market Rent
$1,609
Median Gross Rent
$540 K
Median Home Value
1
Bank Branches
$130 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.
  • The median income here is $123,237. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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