ElderCareCost
Showing results for ZIP 28805 (NC)
Home ZIP 24133

Nursing Care Facilities Market: ZIP 24133

Opportunity Score
37 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 24133 is an suburban area with low foot traffic. with a population of 2,521 and household incomes near the national median ($55,321).

Area Profile

2,521
Population
$55,321
Median Income
-26% vs. national
Suburban
Area Type
3.7/20
Foot Traffic
Very Car-Dependent
Median Age: 45.9 — older demographic, may prefer sit-down options.
College-Educated: 7.2% — value-focused market, keep prices competitive.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$850
2BR Fair Market Rent
$672
Median Gross Rent
$130 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits