Nursing Care Facilities Market: ZIP 97392
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97392 is an urban area with low foot traffic. with a population of 6,999 and household incomes well above the national median ($110,000).
Area Profile
6,999
Population
$110,000
Median Income
+47% vs. national
Urban
Area Type
6.6/20
Foot Traffic
Car-Dependent
Median Age: 44.5 —
older demographic, may prefer sit-down options.
College-Educated: 21.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,330
2BR Fair Market Rent
$1,125
Median Gross Rent
$550 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.
- The median income here is $110,000. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
vs. National Average
Median Income
+47% vs. $74,580
Walkability
-3.9 pts vs. national avg
Nearby Markets
97325
6.0 mi
Pop: 7,154
$87,982
97310
6.3 mi
Pop: 1,144
Walk: 17.6
97352
7.4 mi
Pop: 6,635
$99,175
97317
7.6 mi
Pop: 26,165
$81,208
Walk: 12.7
97335
11.4 mi
Pop: 261
$116,375
97306
11.8 mi
Pop: 34,160
$89,773
Walk: 11.7
97302
11.9 mi
Pop: 40,954
$83,697
Walk: 15.2
97301
12.0 mi
Pop: 56,274
$57,497
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