ElderCareCost
Showing results for ZIP 24248 (VA)
Home ZIP 17102

Nursing Care Facilities Market: ZIP 17102

Opportunity Score
69 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 17102 is an urban area with high foot traffic. with a population of 8,177 and household incomes near the national median ($55,369).

Area Profile

8,177
Population
$55,369
Median Income
-26% vs. national
Urban
Area Type
15.7/20
Foot Traffic
Very Walkable
Median Age: 34.7 — mixed-age market, broad menu appeal.
College-Educated: 38.0% — balanced market for quality & value.

Operating Costs

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

$1,260
2BR Fair Market Rent
$1,062
Median Gross Rent
$170 K
Median Home Value
1
Bank Branches
$54 K deposits

Tips for Starting a Elder Care Business in Pennsylvania

  • 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits