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Showing results for ZIP 98144 (WA)
Home ZIP 20175

Nursing Care Facilities Market: ZIP 20175

Opportunity Score
79 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 20175 is an urban area with low foot traffic. with a population of 35,038 and household incomes well above the national median ($168,035).

Area Profile

35,038
Population
$168,035
Median Income
+125% vs. national
Urban
Area Type
7.2/20
Foot Traffic
Car-Dependent
Median Age: 37.2 — mixed-age market, broad menu appeal.
College-Educated: 42.2% — strong appetite for artisan/specialty food.

Competition

Nursing Care Facilities and related businesses in ZIP 20175.

5
Home Health Agencies
1.4 per 10K residents

Operating Costs

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

$2,270
2BR Fair Market Rent
$2,039
Median Gross Rent
$720 K
Median Home Value
10
Bank Branches
$1.3 M deposits

Tips for Starting a Elder Care Business in District of Columbia

  • 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 $168,035. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Related Businesses
5
Bank Branches
10

vs. National Average

Median Income
+125% vs. $74,580
Walkability
-3.3 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