Nursing Care Facilities Market: ZIP 23456
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23456 is an urban area with low foot traffic. with a population of 60,744 and household incomes well above the national median ($128,403).
Area Profile
60,744
Population
$128,403
Median Income
+72% vs. national
Urban
Area Type
8.8/20
Foot Traffic
Car-Dependent
Median Age: 40.2 —
older demographic, may prefer sit-down options.
College-Educated: 31.6% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 23456.
4
Home Health Agencies
0.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,450
2BR Fair Market Rent
$1,928
Median Gross Rent
$460 K
Median Home Value
6
Bank Branches
$400 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 $128,403. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 6
vs. National Average
Median Income
+72% vs. $74,580
Walkability
-1.7 pts vs. national avg
Nearby Markets
23453
4.0 mi
Pop: 34,545
$90,680
Walk: 10.9
23461
5.5 mi
Pop: 892
Walk: 4.8
23460
5.6 mi
Pop: 1,250
Walk: 6.8
23452
8.4 mi
Pop: 57,995
$77,327
Walk: 10.0
23457
8.4 mi
Pop: 4,927
$109,750
Walk: 5.0
23454
8.9 mi
Pop: 57,773
$97,835
Walk: 10.7
23451
9.6 mi
Pop: 44,641
$97,945
Walk: 12.1
23462
10.2 mi
Pop: 67,066
$69,680
Walk: 13.0
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