Nursing Care Facilities Market: ZIP 97022
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97022 is an urban area. with a population of 3,172 and household incomes above the national median ($76,649).
Area Profile
3,172
Population
$76,649
Median Income
+3% vs. national
Urban
Area Type
Median Age: 50.7 —
older demographic, may prefer sit-down options.
College-Educated: 13.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,940
2BR Fair Market Rent
$1,597
Median Gross 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
+3% vs. $74,580
Nearby Markets
97009
5.3 mi
Pop: 7,877
$109,286
97089
10.1 mi
Pop: 14,906
$114,516
Walk: 6.8
97080
10.3 mi
Pop: 47,548
$96,218
Walk: 11.4
97004
10.9 mi
Pop: 4,105
$114,167
97055
11.2 mi
Pop: 20,131
$105,696
Walk: 8.8
97017
12.4 mi
Pop: 3,449
$91,295
97023
12.8 mi
Pop: 11,608
$74,701
Walk: 6.6
97019
12.9 mi
Pop: 3,332
$107,604
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