Nursing Care Facilities Market: ZIP 74851
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 74851 is an urban area. with a population of 11,161 and household incomes above the national median ($77,500).
Area Profile
11,161
Population
$77,500
Median Income
+4% vs. national
Urban
Area Type
Median Age: 39.0 —
mixed-age market, broad menu appeal.
College-Educated: 10.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$990
2BR Fair Market Rent
$624
Median Gross Rent
$160 K
Median Home Value
1
Bank Branches
$56 K deposits
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
- Bank Branches
- 1
vs. National Average
Median Income
+4% vs. $74,580
Nearby Markets
73045
7.2 mi
Pop: 11,542
$80,117
Walk: 6.1
74857
10.1 mi
Pop: 9,902
$87,582
Walk: 4.2
74801
10.9 mi
Pop: 21,804
$53,265
Walk: 7.5
74804
11.3 mi
Pop: 22,405
$66,525
Walk: 9.1
73020
12.7 mi
Pop: 25,351
$99,108
Walk: 7.0
74855
13.5 mi
Pop: 4,292
$55,861
74873
15.2 mi
Pop: 11,033
$54,193
Walk: 5.2
73150
17.2 mi
Pop: 5,701
$89,562
Walk: 5.6
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