Nursing Care Facilities Market: ZIP 74001
Opportunity Score
20
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 74001 is an urban area. with a population of 281 and household incomes near the national median ($60,417).
Area Profile
281
Population
$60,417
Median Income
-19% vs. national
Urban
Area Type
Median Age: 44.6 —
older demographic, may prefer sit-down options.
College-Educated: 8.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,020
2BR Fair Market Rent
$68 K
Median Home Value
Tips for Starting a Elder Care Business in Oklahoma
- 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
-19% vs. $74,580
Nearby Markets
74070
6.3 mi
Pop: 15,169
$63,777
Walk: 4.5
74002
7.6 mi
Pop: 1,884
$63,676
74051
11.4 mi
Pop: 1,923
$61,500
Walk: 4.4
74061
12.1 mi
Pop: 2,379
$73,250
74082
12.8 mi
Pop: 357
Walk: 4.2
74073
13.6 mi
Pop: 5,610
$77,823
Walk: 4.6
74021
16.8 mi
Pop: 23,504
$90,148
Walk: 3.6
74084
18.9 mi
Pop: 389
$48,281
Walk: 5.8
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