ElderCareCost
Showing results for ZIP 65786 (MO)
Home ZIP 35901

Nursing Care Facilities Market: ZIP 35901

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

Market Summary

ZIP 35901 is an urban area with low foot traffic. with a population of 19,186 and household incomes below the national median ($47,826).

Area Profile

19,186
Population
$47,826
Median Income
-36% vs. national
Urban
Area Type
7.7/20
Foot Traffic
Car-Dependent
Median Age: 40.0 — older demographic, may prefer sit-down options.
College-Educated: 15.1% — value-focused market, keep prices competitive.

Competition

Nursing Care Facilities and related businesses in ZIP 35901.

10
Home Health Agencies
5.2 per 10K residents

Operating Costs

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

$910
2BR Fair Market Rent
$747
Median Gross Rent
$170 K
Median Home Value
8
Bank Branches
$830 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits