Nursing Care Facilities Market: ZIP 98501
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98501 is an urban area with moderate foot traffic. with a population of 46,937 and household incomes above the national median ($95,695). There are 3 nursing care facilities operations in ZIP 98501.
Area Profile
46,937
Population
$95,695
Median Income
+28% vs. national
Urban
Area Type
10.6/20
Foot Traffic
Walkable
Median Age: 39.5 —
mixed-age market, broad menu appeal.
College-Educated: 33.7% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 98501.
3
Nursing Care Facilities
Low competition — room to establish
0.6 per 10K residents
4
Home Health Agencies
0.9 per 10K residents
What this means:
Nursing Care Facilities are 42.9% of the relevant market in ZIP 98501 (3 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,770
2BR Fair Market Rent
$1,600
Median Gross Rent
$490 K
Median Home Value
11
Bank Branches
$1.5 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Nursing Care Facilities
- 3
- Related Businesses
- 4
- Bank Branches
- 11
vs. National Average
Median Income
+28% vs. $74,580
Walkability
+0.1 pts vs. national avg
Nearby Markets
98503
6.5 mi
Pop: 42,189
$87,515
Walk: 12.2
98506
9.0 mi
Pop: 18,763
$93,968
Walk: 12.5
98505
9.4 mi
Pop: 636
98513
9.9 mi
Pop: 37,953
$108,270
Walk: 10.7
98516
10.4 mi
Pop: 28,286
$92,191
Walk: 11.3
98589
11.5 mi
Pop: 7,296
$89,119
Walk: 4.3
98530
11.6 mi
Pop: 511
$63,750
98512
12.0 mi
Pop: 31,291
$93,738
Walk: 8.0
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