Nursing Care Facilities Market: ZIP 72701
Opportunity Score
62
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 72701 is an urban area. with a population of 48,964 and household incomes near the national median ($50,413).
Area Profile
48,964
Population
$50,413
Median Income
-32% vs. national
Urban
Area Type
Median Age: 24.1 —
young market, strong street food demand.
College-Educated: 20.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,110
2BR Fair Market Rent
$973
Median Gross Rent
$320 K
Median Home Value
10
Bank Branches
$760 K deposits
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
- Bank Branches
- 10
vs. National Average
Median Income
-32% vs. $74,580
Nearby Markets
72774
5.9 mi
Pop: 7,298
$70,350
72703
9.1 mi
Pop: 35,964
$60,232
Walk: 8.2
72727
11.8 mi
Pop: 6,459
$71,705
72764
12.8 mi
Pop: 57,468
$61,569
Walk: 6.9
72730
12.9 mi
Pop: 11,068
$88,780
72959
14.8 mi
Pop: 2,957
$50,961
Walk: 3.4
72762
16.2 mi
Pop: 47,402
$80,678
Walk: 6.4
72704
16.5 mi
Pop: 29,475
$88,991
Walk: 5.1
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