Nursing Care Facilities Market: ZIP 35763
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 35763 is an urban area. with a population of 19,505 and household incomes well above the national median ($125,356).
Area Profile
19,505
Population
$125,356
Median Income
+68% vs. national
Urban
Area Type
Median Age: 40.8 —
older demographic, may prefer sit-down options.
College-Educated: 39.1% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,870
2BR Fair Market Rent
$2,455
Median Gross Rent
$370 K
Median Home Value
5
Bank Branches
$250 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.
- The median income here is $125,356. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 5
vs. National Average
Median Income
+68% vs. $74,580
Nearby Markets
35803
4.6 mi
Pop: 29,283
$95,182
Walk: 7.6
35802
7.2 mi
Pop: 23,304
$72,195
Walk: 9.2
35760
7.7 mi
Pop: 4,908
$66,346
35741
8.2 mi
Pop: 4,292
$93,750
35748
9.7 mi
Pop: 7,311
$118,365
35801
10.1 mi
Pop: 23,901
$103,125
Walk: 8.6
35754
11.9 mi
Pop: 5,602
$92,632
Walk: 2.8
35805
12.2 mi
Pop: 21,006
$31,247
Walk: 12.8
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