Nursing Care Facilities Market: ZIP 98222
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98222 is an rural area. with a population of 126 and household incomes well above the national median ($104,412).
Area Profile
126
Population
$104,412
Median Income
+40% vs. national
Rural
Area Type
Median Age: 62.5 —
older demographic, may prefer sit-down options.
College-Educated: 46.8% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,790
2BR Fair Market Rent
$740 K
Median Home Value
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.
- The median income here is $104,412. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
+40% vs. $74,580
Nearby Markets
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