Nursing Care Facilities Market: ZIP 35016
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 35016 is an urban area. with a population of 17,435 and household incomes near the national median ($60,910).
Area Profile
17,435
Population
$60,910
Median Income
-18% vs. national
Urban
Area Type
Median Age: 39.4 —
mixed-age market, broad menu appeal.
College-Educated: 14.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,130
2BR Fair Market Rent
$758
Median Gross Rent
$190 K
Median Home Value
8
Bank Branches
$410 K deposits
Tips for Starting a Elder Care Business in Alabama
- 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
- 8
vs. National Average
Median Income
-18% vs. $74,580
Nearby Markets
35087
5.7 mi
Pop: 2,338
$49,879
Walk: 6.6
35175
7.7 mi
Pop: 4,871
$72,037
Walk: 5.2
35019
9.1 mi
Pop: 2,497
$61,470
35083
10.4 mi
Pop: 4,276
$58,056
Walk: 4.1
35976
12.6 mi
Pop: 16,604
$72,579
Walk: 5.3
35980
13.2 mi
Pop: 6,663
$57,655
Walk: 3.5
35754
15.2 mi
Pop: 5,602
$92,632
Walk: 2.8
35621
15.4 mi
Pop: 3,292
$82,167
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