Nursing Care Facilities Market: ZIP 74050
Opportunity Score
16
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 74050 is an urban area. with a population of 420 and household incomes below the national median ($49,688).
Area Profile
420
Population
$49,688
Median Income
-33% vs. national
Urban
Area Type
Median Age: 30.5 —
mixed-age market, broad menu appeal.
College-Educated: 8.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,020
2BR Fair Market Rent
$735
Median Gross Rent
$51 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
-33% vs. $74,580
Nearby Markets
74131
1.6 mi
Pop: 2,317
$64,653
Walk: 4.5
74132
3.8 mi
Pop: 10,629
$75,199
Walk: 10.7
74107
3.8 mi
Pop: 19,086
$53,098
Walk: 10.8
74127
7.1 mi
Pop: 15,990
$47,287
Walk: 11.2
74119
7.2 mi
Pop: 3,541
$56,520
74105
7.5 mi
Pop: 27,249
$69,864
Walk: 13.8
74103
7.6 mi
Pop: 2,419
$92,083
74037
7.9 mi
Pop: 24,244
$101,573
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