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Showing results for ZIP 24502 (VA)
Home ZIP 74601

Nursing Care Facilities Market: ZIP 74601

Opportunity Score
43 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 74601 is an suburban area with low foot traffic. with a population of 19,011 and household incomes below the national median ($48,810). There are 3 nursing care facilities operations in ZIP 74601.

Area Profile

19,011
Population
$48,810
Median Income
-35% vs. national
Suburban
Area Type
8.0/20
Foot Traffic
Car-Dependent
Median Age: 34.9 — mixed-age market, broad menu appeal.
College-Educated: 9.5% — value-focused market, keep prices competitive.

Competition

Nursing Care Facilities and related businesses in ZIP 74601.

3
Nursing Care Facilities
Low competition — room to establish
1.6 per 10K residents
7
Home Health Agencies
3.7 per 10K residents
What this means: Nursing Care Facilities are 30.0% of the relevant market in ZIP 74601 (3 vs. 7 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$910
2BR Fair Market Rent
$860
Median Gross Rent
$95 K
Median Home Value
9
Bank Branches
$600 K deposits

Quick Facts

Area Type
Suburban
Foot Traffic
Car-Dependent
Nursing Care Facilities
3
Related Businesses
7
Bank Branches
9

vs. National Average

Median Income
-35% vs. $74,580
Walkability
-2.5 pts vs. national avg

Check Another Market

Or estimate costs with the ElderCareCost calculator.

Data sources

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