Nursing Care Facilities Market: ZIP 72734
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 72734 is an urban area. with a population of 8,385 and household incomes near the national median ($68,716).
Area Profile
8,385
Population
$68,716
Median Income
-8% vs. national
Urban
Area Type
Median Age: 39.2 —
mixed-age market, broad menu appeal.
College-Educated: 10.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,100
2BR Fair Market Rent
$1,079
Median Gross Rent
$200 K
Median Home Value
2
Bank Branches
$87 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
- 2
vs. National Average
Median Income
-8% vs. $74,580
Nearby Markets
72722
5.2 mi
Pop: 2,920
$52,333
72761
7.3 mi
Pop: 23,703
$69,620
Walk: 8.2
72736
10.0 mi
Pop: 7,519
$73,565
Walk: 5.3
72747
11.3 mi
Pop: 19
72713
11.8 mi
Pop: 26,293
$117,752
72719
12.7 mi
Pop: 18,896
$111,250
Walk: 5.6
72739
13.7 mi
Pop: 494
$82,054
Walk: 6.7
72768
14.2 mi
Pop: 1,320
$43,625
Walk: 3.7
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