Nursing Care Facilities Market: ZIP 23147
Opportunity Score
0
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23147 is an urban area.
Area Profile
0
Population
Urban
Area Type
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,380
2BR Fair Market Rent
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
Nearby Markets
23030
2.0 mi
Pop: 4,385
$72,917
23140
4.8 mi
Pop: 7,533
$99,107
Walk: 4.3
23899
10.4 mi
Pop: 360
$53,125
Walk: 3.5
23089
11.3 mi
Pop: 4,807
$102,929
23124
12.5 mi
Pop: 4,913
$130,203
23881
13.7 mi
Pop: 2,330
$99,479
Walk: 3.0
23141
14.0 mi
Pop: 7,795
$117,076
Walk: 5.1
23860
14.5 mi
Pop: 31,432
$55,104
Walk: 7.5
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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