Nursing Care Facilities Market: ZIP 22554
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 22554 is an urban area with low foot traffic. with a population of 64,605 and household incomes well above the national median ($148,268).
Area Profile
64,605
Population
$148,268
Median Income
+99% vs. national
Urban
Area Type
6.1/20
Foot Traffic
Car-Dependent
Median Age: 35.0 —
mixed-age market, broad menu appeal.
College-Educated: 28.9% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 22554.
13
Home Health Agencies
2.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,270
2BR Fair Market Rent
$2,000
Median Gross Rent
$480 K
Median Home Value
4
Bank Branches
$580 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 $148,268. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 13
- Bank Branches
- 4
vs. National Average
Median Income
+99% vs. $74,580
Walkability
-4.4 pts vs. national avg
Nearby Markets
22405
7.7 mi
Pop: 36,093
$128,315
Walk: 6.0
22134
8.0 mi
Pop: 7,785
$67,965
22556
10.8 mi
Pop: 31,783
$127,713
Walk: 6.1
22026
11.0 mi
Pop: 21,025
$114,512
Walk: 8.2
22172
11.1 mi
Pop: 12,046
$113,043
Walk: 9.2
22401
11.4 mi
Pop: 28,201
$85,432
Walk: 10.1
20662
11.7 mi
Pop: 2,326
$84,286
Walk: 3.2
22025
11.9 mi
Pop: 18,934
$135,957
Walk: 10.0
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