Nursing Care Facilities Market: ZIP 23250
Opportunity Score
22
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23250 is an urban area with low foot traffic.
Area Profile
0
Population
Urban
Area Type
8.8/20
Foot Traffic
Car-Dependent
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,770
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
- Foot Traffic
- Car-Dependent
vs. National Average
Walkability
-1.7 pts vs. national avg
Nearby Markets
23075
3.7 mi
Pop: 8,235
$50,947
23231
4.3 mi
Pop: 37,949
$74,245
Walk: 7.7
23150
4.7 mi
Pop: 12,152
$76,184
Walk: 7.5
23223
5.4 mi
Pop: 56,569
$56,518
Walk: 13.0
23298
7.9 mi
Pop: 170
Walk: 17.0
23219
8.2 mi
Pop: 3,856
$62,533
23222
8.7 mi
Pop: 26,809
$58,105
Walk: 13.8
23111
9.2 mi
Pop: 37,699
$96,736
Walk: 5.7
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