Best Pharmacy Location in Portland
Marketlyzer calculates a 82/100 opportunity score for pharmacys in Portland, supported by high competition and $74,000 average income, plus a 74/100 foot traffic index.
With a startup-to-income ratio of 6.6:1, Portland requires efficient operations to maximize Pharmacy profitability
Pharmacy Opportunity Score
Data-driven potential for success in Portland based on 7 key market factors
Market Opportunity
Based on 7 comprehensive market factors
Financial Overview
Portland Pharmacy Insights
Data-driven analysis unique to this market combination
Market Position Analysis
Unique positioning insights for Portland
With a startup-to-income ratio of 6.6:1, Portland requires efficient operations to maximize Pharmacy profitability
exceptional customer density of 69,750 residents per commercial dollar provides natural demand
The balanced Pharmacy market in Portland rewards innovation, with 74 foot traffic index
Competitive Market Position
How Portland ranks nationally for pharmacys
With a 82.1/100 opportunity score, Portland outperforms 75% of comparable markets for Pharmacy ventures
Average income of $74,000 positions Portland in the upper-middle market segment, ideal for value-focused Pharmacy concepts
Strategic Recommendations
Actionable strategies tailored for Portland
⏰ Optimal entry window: Next 12-18 months ideal for Portland Pharmacy launch during high-growth phase
📍 Location strategy: Moderate traffic (74) with affordable rent ($36/sqft) favors larger footprint strategy in Portland - consider 2,000+ sqft locations
👥 Staffing advantage: 47% college-educated population provides strong talent pool - hire locally for Portland Pharmacy operations
📢 Marketing focus: Moderate foot traffic requires proactive customer acquisition - allocate 8-12% of revenue to digital marketing in Portland
🔄 Expansion runway: 2,511,000 market supports 2-3 locations - establish proof of concept before multi-unit expansion in Portland
Launch Timing & Momentum
Align your opening window with market-ready signals
Entry Signal
Good - Favorable Window
Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.
- 📈 High growth outlook - strong expansion timing
- ⚖️ Moderate competition - balanced market entry
- 🚶 Good foot traffic (74) - organic visibility
Seasonal Levers
- Flu season
- Cold and allergy seasons
- Insurance renewal periods
Pharmacy Market Analysis for Portland
Why Portland for Pharmacys?
- Metro population of 2,511,000 provides large customer base
- Average income of $74,000 supports pharmacy spending
- High business density indicates healthy economic activity
- Strong demographics opportunities throughout the city
- Strong accessibility opportunities throughout the city
Pharmacy Success Factors
Seasonal Considerations for Portland
Flu season
Cold and allergy seasons
Insurance renewal periods
Best Portland Neighborhoods for Pharmacys
Data-driven analysis of optimal areas based on pharmacy success factors
Downtown Portland
High PotentialBusiness District
Strong WeekdaySuburban Areas
Growth AreaPortland vs Other United States Cities for Pharmacys
Pharmacy FAQs for Portland
Why is now the right time to open in Portland?
With a 82.1/100 opportunity score, Portland outperforms 75% of comparable markets for Pharmacy ventures Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.
Which customers convert best?
38% of households earn $75k+, sustaining premium spend for pharmacys
What should my first location focus on?
⏰ Optimal entry window: Next 12-18 months ideal for Portland Pharmacy launch during high-growth phase
How do local conditions impact operations?
Flu season
Ready to Open Your Pharmacy in Portland?
Good - Favorable Window with a 82/100 opportunity score, high competition, and a 74/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.