Nursing Care Facilities Market: ZIP 31602
Opportunity Score
51
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 31602 is an urban area with low foot traffic. with a population of 35,347 and household incomes near the national median ($55,980). There are 9 nursing care facilities operations in ZIP 31602.
Area Profile
35,347
Population
$55,980
Median Income
-25% vs. national
Urban
Area Type
7.8/20
Foot Traffic
Car-Dependent
Median Age: 29.4 —
young market, strong street food demand.
College-Educated: 18.3% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 31602.
9
Nursing Care Facilities
Moderate — proven market
2.5 per 10K residents
12
Home Health Agencies
3.4 per 10K residents
What this means:
Nursing Care Facilities are 42.9% of the relevant market in ZIP 31602 (9 vs. 12 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,210
2BR Fair Market Rent
$1,046
Median Gross Rent
$200 K
Median Home Value
21
Bank Branches
$2.4 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Nursing Care Facilities
- 9
- Related Businesses
- 12
- Bank Branches
- 21
vs. National Average
Median Income
-25% vs. $74,580
Walkability
-2.7 pts vs. national avg
Nearby Markets
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