Nursing Care Facilities Market: ZIP 97206
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97206 is an urban area with high foot traffic. with a population of 50,258 and household incomes above the national median ($94,233).
Area Profile
50,258
Population
$94,233
Median Income
+26% vs. national
Urban
Area Type
16.0/20
Foot Traffic
Very Walkable
Median Age: 39.3 —
mixed-age market, broad menu appeal.
College-Educated: 37.8% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,860
2BR Fair Market Rent
$1,693
Median Gross Rent
$480 K
Median Home Value
3
Bank Branches
$720 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Bank Branches
- 3
vs. National Average
Median Income
+26% vs. $74,580
Walkability
+5.5 pts vs. national avg
Nearby Markets
97215
2.3 mi
Pop: 17,849
$114,361
Walk: 17.2
97266
2.8 mi
Pop: 35,992
$71,791
Walk: 15.6
97222
3.1 mi
Pop: 36,643
$77,441
Walk: 14.6
97202
3.2 mi
Pop: 44,107
$100,353
Walk: 16.8
97216
3.5 mi
Pop: 16,735
$71,951
Walk: 16.1
97214
3.9 mi
Pop: 28,128
$86,879
Walk: 18.0
97213
3.9 mi
Pop: 31,238
$95,801
Walk: 16.4
97232
4.5 mi
Pop: 15,152
$71,278
Walk: 17.3
Check Another Market
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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