Nursing Care Facilities Market: ZIP 24592
Opportunity Score
51
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24592 is an rural area with low foot traffic. with a population of 14,411 and household incomes below the national median ($48,655).
Area Profile
14,411
Population
$48,655
Median Income
-35% vs. national
Rural
Area Type
6.5/20
Foot Traffic
Car-Dependent
Median Age: 44.3 —
older demographic, may prefer sit-down options.
College-Educated: 13.4% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 24592.
4
Home Health Agencies
2.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$850
2BR Fair Market Rent
$759
Median Gross Rent
$160 K
Median Home Value
7
Bank Branches
$730 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 7
vs. National Average
Median Income
-35% vs. $74,580
Walkability
-4.1 pts vs. national avg
Nearby Markets
24558
6.8 mi
Pop: 6,044
$56,641
24520
8.5 mi
Pop: 2,225
$39,773
24539
11.0 mi
Pop: 159
$54,531
24598
12.6 mi
Pop: 1,267
$55,938
Walk: 4.3
24597
12.9 mi
Pop: 851
$42,308
Walk: 3.0
24589
14.7 mi
Pop: 1,859
$52,393
Walk: 3.2
27343
14.9 mi
Pop: 1,606
$97,104
Walk: 3.5
27574
16.2 mi
Pop: 14,163
$65,378
Walk: 6.0
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