Nursing Care Facilities Market: ZIP 35473
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 35473 is an urban area with low foot traffic. with a population of 19,094 and household incomes near the national median ($67,224).
Area Profile
19,094
Population
$67,224
Median Income
-10% vs. national
Urban
Area Type
8.2/20
Foot Traffic
Car-Dependent
Median Age: 37.1 —
mixed-age market, broad menu appeal.
College-Educated: 24.5% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 35473.
5
Home Health Agencies
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,100
2BR Fair Market Rent
$922
Median Gross Rent
$250 K
Median Home Value
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
- Related Businesses
- 5
vs. National Average
Median Income
-10% vs. $74,580
Walkability
-2.3 pts vs. national avg
Nearby Markets
35476
2.2 mi
Pop: 8,568
$59,545
Walk: 8.7
35487
4.6 mi
Pop: 1,905
Walk: 9.5
35401
6.6 mi
Pop: 40,507
$30,031
Walk: 8.8
35452
7.2 mi
Pop: 4,307
$69,405
35404
8.0 mi
Pop: 23,553
$45,521
Walk: 6.9
35406
9.4 mi
Pop: 18,533
$118,736
Walk: 4.0
35405
10.7 mi
Pop: 48,564
$61,371
Walk: 7.5
35475
11.8 mi
Pop: 19,991
$104,852
Walk: 5.2
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