Nursing Care Facilities Market: ZIP 22553
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 22553 is an urban area with low foot traffic. with a population of 16,960 and household incomes well above the national median ($131,416).
Area Profile
16,960
Population
$131,416
Median Income
+76% vs. national
Urban
Area Type
5.3/20
Foot Traffic
Very Car-Dependent
Median Age: 38.4 —
mixed-age market, broad menu appeal.
College-Educated: 24.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,120
2BR Fair Market Rent
$1,870
Median Gross Rent
$440 K
Median Home Value
3
Bank Branches
$180 K 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 $131,416. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 3
vs. National Average
Median Income
+76% vs. $74,580
Walkability
-5.2 pts vs. national avg
Nearby Markets
22407
4.2 mi
Pop: 64,273
$105,218
Walk: 7.1
22551
7.2 mi
Pop: 23,366
$106,497
Walk: 2.7
22736
9.5 mi
Pop: 948
22401
10.8 mi
Pop: 28,201
$85,432
Walk: 10.1
22406
10.9 mi
Pop: 26,248
$124,357
Walk: 7.8
22508
11.3 mi
Pop: 15,608
$113,733
22534
12.9 mi
Pop: 3,337
$105,625
22408
13.6 mi
Pop: 31,050
$114,598
Walk: 8.1
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