Nursing Care Facilities Market: ZIP 74029
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 74029 is an suburban area. with a population of 5,270 and household incomes near the national median ($55,968).
Area Profile
5,270
Population
$55,968
Median Income
-25% vs. national
Suburban
Area Type
Median Age: 50.1 —
older demographic, may prefer sit-down options.
College-Educated: 15.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$910
2BR Fair Market Rent
$925
Median Gross Rent
$140 K
Median Home Value
3
Bank Branches
$88 K deposits
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
- Suburban
- Bank Branches
- 3
vs. National Average
Median Income
-25% vs. $74,580
Nearby Markets
74006
7.6 mi
Pop: 27,550
$74,139
Walk: 8.0
74022
9.3 mi
Pop: 1,710
$44,375
74083
10.2 mi
Pop: 773
$61,250
Walk: 5.5
74003
13.9 mi
Pop: 14,128
$49,138
Walk: 7.5
74051
15.1 mi
Pop: 1,923
$61,500
Walk: 4.4
67364
15.6 mi
Pop: 191
Walk: 3.8
67355
16.5 mi
Pop: 209
$71,964
74048
18.8 mi
Pop: 5,592
$51,346
Walk: 7.2
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