Nursing Care Facilities Market: ZIP 98036
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98036 is an urban area with moderate foot traffic. with a population of 42,016 and household incomes above the national median ($89,566).
Area Profile
42,016
Population
$89,566
Median Income
+20% vs. national
Urban
Area Type
10.2/20
Foot Traffic
Walkable
Median Age: 39.6 —
mixed-age market, broad menu appeal.
College-Educated: 28.2% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 98036.
7
Home Health Agencies
1.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,390
2BR Fair Market Rent
$1,686
Median Gross Rent
$690 K
Median Home Value
16
Bank Branches
$2.4 M deposits
Tips for Starting a Elder Care Business in Washington
- 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
- Related Businesses
- 7
- Bank Branches
- 16
vs. National Average
Median Income
+20% vs. $74,580
Walkability
-0.3 pts vs. national avg
Nearby Markets
98043
1.9 mi
Pop: 21,417
$101,408
Walk: 14.2
98037
2.0 mi
Pop: 30,574
$104,357
Walk: 12.1
98087
3.6 mi
Pop: 40,607
$106,541
Walk: 13.2
98155
4.1 mi
Pop: 35,906
$131,911
Walk: 12.7
98026
4.2 mi
Pop: 38,985
$124,462
Walk: 12.9
98028
4.7 mi
Pop: 23,594
$137,926
Walk: 9.6
98021
5.1 mi
Pop: 35,445
$172,559
Walk: 7.9
98012
6.0 mi
Pop: 76,123
$141,653
Walk: 11.5
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