Nursing Care Facilities Market: ZIP 97017
Opportunity Score
78
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97017 is an urban area. with a population of 3,449 and household incomes above the national median ($91,295).
Area Profile
3,449
Population
$91,295
Median Income
+22% vs. national
Urban
Area Type
Median Age: 42.6 —
older demographic, may prefer sit-down options.
College-Educated: 13.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,850
2BR Fair Market Rent
$590 K
Median Home Value
Tips for Starting a Elder Care Business in Oregon
- 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
vs. National Average
Median Income
+22% vs. $74,580
Nearby Markets
97004
7.9 mi
Pop: 4,105
$114,167
97023
11.8 mi
Pop: 11,608
$74,701
Walk: 6.6
97042
11.9 mi
Pop: 3,330
$109,364
Walk: 4.4
97022
12.4 mi
Pop: 3,172
$76,649
97038
14.2 mi
Pop: 17,100
$87,585
Walk: 11.7
97045
15.4 mi
Pop: 57,432
$100,388
Walk: 8.7
97055
19.5 mi
Pop: 20,131
$105,696
Walk: 8.8
97375
20.4 mi
Pop: 1,204
$84,390
Walk: 3.4
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