Nursing Care Facilities Market: ZIP 72016
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 72016 is an urban area. with a population of 3,067 and household incomes near the national median ($54,479).
Area Profile
3,067
Population
$54,479
Median Income
-27% vs. national
Urban
Area Type
Median Age: 41.7 —
older demographic, may prefer sit-down options.
College-Educated: 15.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$990
2BR Fair Market Rent
$844
Median Gross Rent
$160 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
-27% vs. $74,580
Nearby Markets
72070
5.2 mi
Pop: 1,854
$85,804
72106
7.4 mi
Pop: 5,719
$59,375
Walk: 5.2
72135
7.8 mi
Pop: 3,442
$100,060
72034
11.6 mi
Pop: 49,420
$61,675
Walk: 8.3
72125
12.3 mi
Pop: 949
$52,500
Walk: 3.9
72107
12.8 mi
Pop: 136
$70,114
72127
13.2 mi
Pop: 2,718
$54,150
Walk: 4.7
72035
13.7 mi
Pop: 2,086
Walk: 8.8
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