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Nursing Care Facilities Market: ZIP 74074

Opportunity Score

57 / 100 Fair

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 74074 is an suburban area with low foot traffic. with a population of 31,934 and household incomes near the national median ($50,245).

31,934

Population

$50,245

Median Income

-33% vs. national

Suburban

Area Type

9.8/20

Foot Traffic

Very Car-Dependent

Median Age: 27.3 — young market, strong street food demand.

College-Educated: 27.2% — balanced market for quality & value.

Nursing Care Facilities and related businesses in ZIP 74074.

Home Health Agencies

1.9 per 10K residents

Local cost levels affect space, labor, and operating expenses.

$1,080

2BR Fair Market Rent

$965

Median Gross Rent

$250 K

Median Home Value

Bank Branches

$1.2 M deposits

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.