Nursing Care Facilities Market: ZIP 74116
Opportunity Score
53
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 74116 is an urban area with low foot traffic. with a population of 3,503 and household incomes near the national median ($56,296).
Area Profile
3,503
Population
$56,296
Median Income
-25% vs. national
Urban
Area Type
8.8/20
Foot Traffic
Car-Dependent
Median Age: 35.6 —
mixed-age market, broad menu appeal.
College-Educated: 5.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,020
2BR Fair Market Rent
$783
Median Gross Rent
$140 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
- Foot Traffic
- Car-Dependent
vs. National Average
Median Income
-25% vs. $74,580
Walkability
-1.7 pts vs. national avg
Nearby Markets
74128
2.9 mi
Pop: 13,586
$49,654
Walk: 12.2
74115
4.6 mi
Pop: 23,657
$43,111
Walk: 12.8
74129
4.8 mi
Pop: 18,764
$49,645
Walk: 13.8
74112
5.0 mi
Pop: 21,416
$55,848
Walk: 15.2
74108
5.0 mi
Pop: 7,530
$60,723
Walk: 5.7
74117
5.7 mi
Pop: 21
Walk: 5.3
74146
6.2 mi
Pop: 16,133
$43,905
Walk: 13.4
74134
6.3 mi
Pop: 22,856
$73,421
Walk: 9.9
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