Nursing Care Facilities Market: ZIP 97027
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97027 is an urban area. with a population of 12,413 and household incomes above the national median ($91,957).
Area Profile
12,413
Population
$91,957
Median Income
+23% vs. national
Urban
Area Type
Median Age: 45.7 —
older demographic, may prefer sit-down options.
College-Educated: 18.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,060
2BR Fair Market Rent
$1,721
Median Gross Rent
$460 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
+23% vs. $74,580
Nearby Markets
97267
2.1 mi
Pop: 31,160
$85,178
Walk: 14.5
97222
4.1 mi
Pop: 36,643
$77,441
Walk: 14.6
97015
4.6 mi
Pop: 24,166
$82,865
Walk: 14.0
97068
5.8 mi
Pop: 30,254
$145,877
Walk: 12.3
97045
6.0 mi
Pop: 57,432
$100,388
Walk: 8.7
97086
6.1 mi
Pop: 33,685
$102,591
Walk: 11.4
97206
6.6 mi
Pop: 50,258
$94,233
Walk: 16.0
97034
6.6 mi
Pop: 21,119
$147,688
Walk: 14.2
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