Nursing Care Facilities Market: ZIP 74837
Opportunity Score
18
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 74837 is an rural area. with a population of 116 and household incomes near the national median ($58,625).
Area Profile
116
Population
$58,625
Median Income
-21% vs. national
Rural
Area Type
Median Age: 66.0 —
older demographic, may prefer sit-down options.
College-Educated: 39.7% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,050
2BR Fair Market Rent
$850
Median Gross Rent
$75 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
-21% vs. $74,580
Nearby Markets
74829
11.2 mi
Pop: 1,652
$33,056
74884
11.7 mi
Pop: 5,558
$46,215
Walk: 5.4
74859
12.1 mi
Pop: 5,824
$40,218
Walk: 7.1
74868
13.7 mi
Pop: 12,451
$44,728
Walk: 7.5
74860
15.2 mi
Pop: 1,674
$59,615
74883
16.4 mi
Pop: 2,339
$41,979
Walk: 4.0
74830
19.9 mi
Pop: 204
$51,250
74864
20.4 mi
Pop: 4,803
$64,313
Walk: 4.4
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