Nursing Care Facilities Market: ZIP 22656
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 22656 is an urban area with low foot traffic. with a population of 5,162 and household incomes well above the national median ($110,903).
Area Profile
5,162
Population
$110,903
Median Income
+49% vs. national
Urban
Area Type
4.8/20
Foot Traffic
Very Car-Dependent
Median Age: 39.6 —
mixed-age market, broad menu appeal.
College-Educated: 33.2% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,310
2BR Fair Market Rent
$2,185
Median Gross Rent
$410 K
Median Home Value
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 $110,903. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+49% vs. $74,580
Walkability
-5.7 pts vs. national avg
Nearby Markets
22624
2.9 mi
Pop: 3,193
$90,117
Walk: 4.0
22601
6.0 mi
Pop: 29,385
$66,542
Walk: 9.7
25413
7.0 mi
Pop: 8,964
$95,000
22603
8.4 mi
Pop: 17,748
$79,260
Walk: 5.7
22611
8.8 mi
Pop: 9,292
$117,525
25446
10.0 mi
Pop: 1,477
$130,278
Walk: 4.0
22646
10.7 mi
Pop: 0
25420
11.2 mi
Pop: 5,086
$96,020
Walk: 4.2
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