Nursing Care Facilities Market: ZIP 35203
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 35203 is an urban area. with a population of 3,301 and household incomes below the national median ($46,829).
Area Profile
3,301
Population
$46,829
Median Income
-37% vs. national
Urban
Area Type
Median Age: 41.6 —
older demographic, may prefer sit-down options.
College-Educated: 35.3% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,130
2BR Fair Market Rent
$954
Median Gross Rent
$290 K
Median Home Value
15
Bank Branches
$18 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
- Urban
- Bank Branches
- 15
vs. National Average
Median Income
-37% vs. $74,580
Nearby Markets
35249
0.9 mi
Pop: 28
35233
0.9 mi
Pop: 3,236
$52,207
Walk: 14.0
35205
1.6 mi
Pop: 18,955
$49,194
Walk: 14.6
35234
1.6 mi
Pop: 3,828
$23,804
Walk: 13.2
35204
2.1 mi
Pop: 9,154
$32,880
Walk: 14.8
35222
2.8 mi
Pop: 8,184
$91,964
Walk: 10.9
35254
3.0 mi
Pop: 1,756
Walk: 13.8
35207
3.6 mi
Pop: 6,824
$28,672
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