ElderCareCost
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Home ZIP 35055

Nursing Care Facilities Market: ZIP 35055

Opportunity Score
60 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 35055 is an suburban area with low foot traffic. with a population of 23,231 and household incomes near the national median ($58,488).

Area Profile

23,231
Population
$58,488
Median Income
-22% vs. national
Suburban
Area Type
9.8/20
Foot Traffic
Very Car-Dependent
Median Age: 41.5 — older demographic, may prefer sit-down options.
College-Educated: 18.3% — value-focused market, keep prices competitive.

Competition

Nursing Care Facilities and related businesses in ZIP 35055.

11
Home Health Agencies
4.7 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$920
2BR Fair Market Rent
$934
Median Gross Rent
$200 K
Median Home Value
17
Bank Branches
$1.9 M 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
Suburban
Foot Traffic
Very Car-Dependent
Related Businesses
11
Bank Branches
17

vs. National Average

Median Income
-22% vs. $74,580
Walkability
-0.7 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits