Nursing Care Facilities Market: ZIP 24530
Opportunity Score
18
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24530 is an suburban area with low foot traffic.
Area Profile
749
Population
Suburban
Area Type
3.1/20
Foot Traffic
Very Car-Dependent
Median Age: 55.4 —
older demographic, may prefer sit-down options.
College-Educated: 9.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$850
2BR Fair Market Rent
$170 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
- Foot Traffic
- Very Car-Dependent
vs. National Average
Walkability
-7.4 pts vs. national avg
Nearby Markets
24137
8.7 mi
Pop: 2,695
$66,250
24054
10.4 mi
Pop: 6,046
$57,668
24549
10.5 mi
Pop: 4,117
$54,819
Walk: 3.7
24531
12.7 mi
Pop: 9,107
$46,706
Walk: 6.4
24161
13.4 mi
Pop: 478
$98,482
24176
14.6 mi
Pop: 1,506
$95,197
Walk: 5.0
24112
16.7 mi
Pop: 30,862
$47,059
Walk: 6.8
24541
16.7 mi
Pop: 28,151
$49,292
Walk: 7.0
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