Nursing Care Facilities Market: ZIP 97333
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97333 is an urban area with moderate foot traffic. with a population of 23,655 and household incomes near the national median ($64,581).
Area Profile
23,655
Population
$64,581
Median Income
-13% vs. national
Urban
Area Type
12.5/20
Foot Traffic
Walkable
Median Age: 29.9 —
young market, strong street food demand.
College-Educated: 34.0% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,710
2BR Fair Market Rent
$1,360
Median Gross Rent
$480 K
Median Home Value
2
Bank Branches
$390 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
- Walkable
- Bank Branches
- 2
vs. National Average
Median Income
-13% vs. $74,580
Walkability
+2.0 pts vs. national avg
Nearby Markets
97331
6.6 mi
Pop: 3,675
97456
9.6 mi
Pop: 3,278
$66,250
Walk: 4.6
97330
12.6 mi
Pop: 44,464
$69,127
Walk: 13.4
97348
13.2 mi
Pop: 2,103
$107,273
97377
13.2 mi
Pop: 677
$130,223
97370
14.2 mi
Pop: 9,443
$87,198
Walk: 8.7
97389
14.7 mi
Pop: 1,706
$92,443
Walk: 6.2
97321
16.6 mi
Pop: 30,996
$95,687
Walk: 15.4
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