Nursing Care Facilities Market: ZIP 24069
Opportunity Score
30
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24069 is an suburban area. with a population of 1,508 and household incomes near the national median ($51,761).
Area Profile
1,508
Population
$51,761
Median Income
-31% vs. national
Suburban
Area Type
Median Age: 50.7 —
older demographic, may prefer sit-down options.
College-Educated: 15.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$910
2BR Fair Market Rent
$1,071
Median Gross Rent
$150 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.
Quick Facts
- Area Type
- Suburban
vs. National Average
Median Income
-31% vs. $74,580
Nearby Markets
24054
8.4 mi
Pop: 6,046
$57,668
24541
8.8 mi
Pop: 28,151
$49,292
Walk: 7.0
27288
9.2 mi
Pop: 22,768
$53,081
Walk: 6.0
27326
9.8 mi
Pop: 3,387
$66,035
Walk: 3.5
24549
13.1 mi
Pop: 4,117
$54,819
Walk: 3.7
27311
13.5 mi
Pop: 3,656
$35,473
24540
15.4 mi
Pop: 31,491
$47,207
Walk: 7.3
24148
16.2 mi
Pop: 8,528
$54,155
Walk: 4.9
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