Nursing Care Facilities Market: ZIP 35405
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 35405 is an urban area with low foot traffic. with a population of 48,564 and household incomes near the national median ($61,371).
Area Profile
48,564
Population
$61,371
Median Income
-18% vs. national
Urban
Area Type
7.5/20
Foot Traffic
Car-Dependent
Median Age: 35.3 —
mixed-age market, broad menu appeal.
College-Educated: 21.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,200
2BR Fair Market Rent
$1,057
Median Gross Rent
$220 K
Median Home Value
8
Bank Branches
$330 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
- Foot Traffic
- Car-Dependent
- Bank Branches
- 8
vs. National Average
Median Income
-18% vs. $74,580
Walkability
-3.0 pts vs. national avg
Nearby Markets
35401
6.5 mi
Pop: 40,507
$30,031
Walk: 8.8
35487
6.5 mi
Pop: 1,905
Walk: 9.5
35404
7.7 mi
Pop: 23,553
$45,521
Walk: 6.9
35476
8.5 mi
Pop: 8,568
$59,545
Walk: 8.7
35456
9.6 mi
Pop: 4,015
$53,405
Walk: 6.0
35463
10.7 mi
Pop: 1,885
$62,267
35473
10.7 mi
Pop: 19,094
$67,224
Walk: 8.2
35453
11.9 mi
Pop: 12,522
$70,162
Walk: 7.3
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