Nursing Care Facilities Market: ZIP 74470
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 74470 is an suburban area. with a population of 1,362 and household incomes near the national median ($64,583).
Area Profile
1,362
Population
$64,583
Median Income
-13% vs. national
Suburban
Area Type
Median Age: 46.6 —
older demographic, may prefer sit-down options.
College-Educated: 12.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$910
2BR Fair Market Rent
$160 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
- Suburban
vs. National Average
Median Income
-13% vs. $74,580
Nearby Markets
74435
9.5 mi
Pop: 3,004
$52,000
74455
10.6 mi
Pop: 2,717
$49,722
74469
10.9 mi
Pop: 2,138
$52,663
Walk: 3.3
74423
12.0 mi
Pop: 824
$47,135
74462
13.7 mi
Pop: 7,096
$48,050
Walk: 6.7
74962
16.3 mi
Pop: 4,323
$47,986
Walk: 4.9
74403
17.2 mi
Pop: 29,199
$57,171
Walk: 8.0
74427
23.8 mi
Pop: 1,332
$62,917
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