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Home ZIP 35501

Nursing Care Facilities Market: ZIP 35501

Opportunity Score
53 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 35501 is an suburban area with low foot traffic. with a population of 10,032 and household incomes below the national median ($44,918).

Area Profile

10,032
Population
$44,918
Median Income
-40% vs. national
Suburban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Median Age: 34.3 — mixed-age market, broad menu appeal.
College-Educated: 11.6% — value-focused market, keep prices competitive.

Competition

Nursing Care Facilities and related businesses in ZIP 35501.

13
Home Health Agencies
13.0 per 10K residents

Operating Costs

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

$790
2BR Fair Market Rent
$782
Median Gross Rent
$150 K
Median Home Value
9
Bank Branches
$860 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.
  • Median income sits at $44,918. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Quick Facts

Area Type
Suburban
Foot Traffic
Car-Dependent
Related Businesses
13
Bank Branches
9

vs. National Average

Median Income
-40% vs. $74,580
Walkability
-2.0 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