Nursing Care Facilities Market: ZIP 22314
Opportunity Score
93
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 22314 is an urban area with high foot traffic. with a population of 35,696 and household incomes well above the national median ($144,359).
Area Profile
35,696
Population
$144,359
Median Income
+94% vs. national
Urban
Area Type
16.3/20
Foot Traffic
Very Walkable
Median Age: 39.5 —
mixed-age market, broad menu appeal.
College-Educated: 65.7% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 22314.
6
Home Health Agencies
1.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,250
2BR Fair Market Rent
$2,312
Median Gross Rent
$860 K
Median Home Value
21
Bank Branches
$3.9 M deposits
Tips for Starting a Elder Care Business in Virginia
- 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.
- The median income here is $144,359. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 6
- Bank Branches
- 21
vs. National Average
Median Income
+94% vs. $74,580
Walkability
+5.8 pts vs. national avg
Nearby Markets
22301
0.9 mi
Pop: 13,830
$188,211
Walk: 17.0
22303
2.0 mi
Pop: 16,566
$103,822
Walk: 12.3
22305
2.1 mi
Pop: 17,721
$109,124
Walk: 14.5
22302
2.3 mi
Pop: 18,277
$127,037
Walk: 14.5
22307
2.5 mi
Pop: 10,205
$140,559
Walk: 12.9
20032
3.2 mi
Pop: 38,828
$48,146
Walk: 12.9
22206
3.3 mi
Pop: 20,678
$136,472
Walk: 13.8
22202
3.5 mi
Pop: 27,352
$141,933
Walk: 13.5
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