Nursing Care Facilities Market: ZIP 72002
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 72002 is an urban area. with a population of 21,386 and household incomes above the national median ($78,260).
Area Profile
21,386
Population
$78,260
Median Income
+5% vs. national
Urban
Area Type
Median Age: 34.8 —
mixed-age market, broad menu appeal.
College-Educated: 18.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,010
2BR Fair Market Rent
$1,028
Median Gross Rent
$200 K
Median Home Value
Tips for Starting a Elder Care Business in Arkansas
- 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
vs. National Average
Median Income
+5% vs. $74,580
Nearby Markets
72210
4.0 mi
Pop: 14,544
$65,765
Walk: 6.6
72022
5.2 mi
Pop: 18,350
$84,471
72223
9.2 mi
Pop: 25,706
$99,063
Walk: 7.5
72211
10.1 mi
Pop: 22,836
$80,808
Walk: 10.2
72019
11.2 mi
Pop: 30,030
$86,025
Walk: 5.8
72212
12.0 mi
Pop: 13,400
$116,310
Walk: 12.5
72103
12.1 mi
Pop: 14,160
$61,967
Walk: 4.2
72011
12.5 mi
Pop: 4,635
$88,636
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