Nursing Care Facilities Market: ZIP 99206
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 99206 is an urban area with moderate foot traffic. with a population of 41,442 and household incomes above the national median ($75,538).
Area Profile
41,442
Population
$75,538
Median Income
+1% vs. national
Urban
Area Type
14.1/20
Foot Traffic
Very Car-Dependent
Median Age: 38.8 —
mixed-age market, broad menu appeal.
College-Educated: 19.6% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 99206.
4
Home Health Agencies
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,270
2BR Fair Market Rent
$1,174
Median Gross Rent
$360 K
Median Home Value
3
Bank Branches
$390 K 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
- Very Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 3
vs. National Average
Median Income
+1% vs. $74,580
Walkability
+3.6 pts vs. national avg
Nearby Markets
99037
3.8 mi
Pop: 16,761
$83,886
99212
4.5 mi
Pop: 21,549
$66,250
Walk: 12.6
99223
4.8 mi
Pop: 35,848
$91,377
Walk: 11.5
99216
4.8 mi
Pop: 28,056
$69,958
Walk: 11.7
99036
7.5 mi
Pop: 1,588
$119,622
99217
7.8 mi
Pop: 19,893
$71,807
Walk: 10.8
99023
8.7 mi
Pop: 780
$125,909
99202
8.8 mi
Pop: 19,956
$61,323
Walk: 15.8
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