Nursing Care Facilities Market: ZIP 35043
Opportunity Score
98
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 35043 is an urban area. with a population of 15,068 and household incomes well above the national median ($115,588).
Area Profile
15,068
Population
$115,588
Median Income
+55% vs. national
Urban
Area Type
Median Age: 39.8 —
mixed-age market, broad menu appeal.
College-Educated: 28.1% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,490
2BR Fair Market Rent
$1,279
Median Gross Rent
$350 K
Median Home Value
2
Bank Branches
$150 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.
- The median income here is $115,588. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 2
vs. National Average
Median Income
+55% vs. $74,580
Nearby Markets
35124
5.5 mi
Pop: 24,871
$91,513
Walk: 6.6
35051
7.6 mi
Pop: 10,101
$73,682
Walk: 6.8
35242
7.9 mi
Pop: 56,956
$116,053
Walk: 7.1
35185
9.0 mi
Pop: 0
35243
10.5 mi
Pop: 17,776
$99,063
Walk: 8.9
35007
10.6 mi
Pop: 27,935
$86,994
Walk: 7.0
35186
11.2 mi
Pop: 5,121
$92,723
Walk: 6.1
35216
11.5 mi
Pop: 36,587
$73,125
Walk: 12.2
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