Nursing Care Facilities Market: ZIP 31008
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 31008 is an urban area. with a population of 20,882 and household incomes above the national median ($82,855).
Area Profile
20,882
Population
$82,855
Median Income
+11% vs. national
Urban
Area Type
Median Age: 41.6 —
older demographic, may prefer sit-down options.
College-Educated: 15.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,350
2BR Fair Market Rent
$1,103
Median Gross Rent
$200 K
Median Home Value
2
Bank Branches
$74 K deposits
Tips for Starting a Elder Care Business in Georgia
- 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
- Urban
- Bank Branches
- 2
vs. National Average
Median Income
+11% vs. $74,580
Nearby Markets
31028
7.4 mi
Pop: 6,312
$83,536
31093
9.0 mi
Pop: 26,941
$48,186
Walk: 7.8
31216
9.2 mi
Pop: 16,354
$70,166
Walk: 5.1
31052
9.3 mi
Pop: 9,308
$87,731
31030
9.9 mi
Pop: 17,987
$58,141
Walk: 5.9
31088
10.6 mi
Pop: 59,599
$81,507
Walk: 6.4
31050
11.1 mi
Pop: 997
$49,096
31206
11.3 mi
Pop: 25,250
$35,006
Walk: 7.2
Check Another Market
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