Nursing Care Facilities Market: ZIP 35031
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 35031 is an rural area. with a population of 7,937 and household incomes near the national median ($54,036).
Area Profile
7,937
Population
$54,036
Median Income
-28% vs. national
Rural
Area Type
Median Age: 36.7 —
mixed-age market, broad menu appeal.
College-Educated: 10.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,130
2BR Fair Market Rent
$771
Median Gross Rent
$140 K
Median Home Value
2
Bank Branches
$84 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Bank Branches
- 2
vs. National Average
Median Income
-28% vs. $74,580
Nearby Markets
35083
7.8 mi
Pop: 4,276
$58,056
Walk: 4.1
35049
10.2 mi
Pop: 4,334
$60,451
35980
12.5 mi
Pop: 6,663
$57,655
Walk: 3.5
35121
13.0 mi
Pop: 16,207
$57,607
Walk: 4.3
35013
13.7 mi
Pop: 122
$118,214
35070
14.2 mi
Pop: 127
$65,500
35055
14.5 mi
Pop: 23,231
$58,488
Walk: 9.8
35087
14.6 mi
Pop: 2,338
$49,879
Walk: 6.6
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