Nursing Care Facilities Market: ZIP 97089
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97089 is an urban area with low foot traffic. with a population of 14,906 and household incomes well above the national median ($114,516).
Area Profile
14,906
Population
$114,516
Median Income
+54% vs. national
Urban
Area Type
6.8/20
Foot Traffic
Car-Dependent
Median Age: 42.4 —
older demographic, may prefer sit-down options.
College-Educated: 22.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,610
2BR Fair Market Rent
$2,642
Median Gross Rent
$620 K
Median Home Value
1
Bank Branches
$57 K deposits
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.
- The median income here is $114,516. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+54% vs. $74,580
Walkability
-3.7 pts vs. national avg
Nearby Markets
97080
5.1 mi
Pop: 47,548
$96,218
Walk: 11.4
97030
5.8 mi
Pop: 38,471
$61,793
Walk: 15.3
97086
6.0 mi
Pop: 33,685
$102,591
Walk: 11.4
97236
6.2 mi
Pop: 37,864
$68,582
Walk: 12.6
97015
6.3 mi
Pop: 24,166
$82,865
Walk: 14.0
97233
7.4 mi
Pop: 37,518
$54,886
Walk: 14.3
97009
7.6 mi
Pop: 7,877
$109,286
97024
8.1 mi
Pop: 11,702
$71,649
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