ElderCareCost
Showing results for ZIP 99353 (WA)
Home ZIP 99102

Nursing Care Facilities Market: ZIP 99102

Opportunity Score
20 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 99102 is an suburban area. with a population of 448 and household incomes near the national median ($55,750).

Area Profile

448
Population
$55,750
Median Income
-25% vs. national
Suburban
Area Type
Median Age: 34.6 — mixed-age market, broad menu appeal.
College-Educated: 26.3% — balanced market for quality & value.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,240
2BR Fair Market Rent
$1,024
Median Gross Rent
$170 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits