Nursing Care Facilities Market: ZIP 23075
Opportunity Score
62
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23075 is an urban area. with a population of 8,235 and household incomes near the national median ($50,947).
Area Profile
8,235
Population
$50,947
Median Income
-32% vs. national
Urban
Area Type
Median Age: 36.6 —
mixed-age market, broad menu appeal.
College-Educated: 14.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,590
2BR Fair Market Rent
$1,252
Median Gross Rent
$200 K
Median Home Value
1
Bank Branches
$100 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
-32% vs. $74,580
Nearby Markets
23250
3.7 mi
Pop: 0
Walk: 8.8
23223
4.3 mi
Pop: 56,569
$56,518
Walk: 13.0
23150
5.9 mi
Pop: 12,152
$76,184
Walk: 7.5
23111
6.4 mi
Pop: 37,699
$96,736
Walk: 5.7
23222
7.2 mi
Pop: 26,809
$58,105
Walk: 13.8
23116
7.4 mi
Pop: 34,058
$139,029
Walk: 6.9
23298
7.9 mi
Pop: 170
Walk: 17.0
23231
8.0 mi
Pop: 37,949
$74,245
Walk: 7.7
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