ZIP 23503 — Business Opportunities

Top business opportunities in 23503

The highest-scored business categories to consider opening in Norfolk, VA, based on demand (population, income, demographic fit) versus existing supply.

1. 1. Laundromats 100/100
   ~2.1 businesses underserved · confidence: high
2. 2. Bars & Nightlife 70/100
   ~2.1 businesses underserved · confidence: high
3. 3. Cafes & Coffee Shops 69/100
   ~4.4 businesses underserved · confidence: high
4. 4. Childcare 66/100
   ~2.5 businesses underserved · confidence: high
5. 5. Dancing School 64/100
   ~1.5 businesses underserved · confidence: low
6. 6. Prep School 62/100
   ~1.4 businesses underserved · confidence: low
7. 7. Driving School 62/100
   ~1.4 businesses underserved · confidence: low
8. 8. Music School 61/100
   ~1.4 businesses underserved · confidence: low
9. 9. Toys & Games 61/100
   ~1.3 businesses underserved · confidence: low
10. 10. Auto Repair 59/100
    ~5.7 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 23503.

• Restaurants — 13 businesses
• Religious — 11 businesses
• Schools — 8 businesses
• Park — 7 businesses
• Fast Food — 7 businesses
• Convenience Stores — 6 businesses
• Gas Stations — 4 businesses
• Parking — 4 businesses
• Artwork — 4 businesses
• Mobile Phone — 3 businesses
• Fire Station — 2 businesses
• Pitch — 2 businesses
• Dog Park — 2 businesses
• Variety Store — 2 businesses
• Hotels & Lodging — 2 businesses

Full demographic profile

Population	30,991
Households	14,221
Median household income	$58,063
Per capita income	$36,796
Median age	34.8
% bachelor's degree or higher	28.672%
% age 18–34	26.521%
% age 65+	9.196%
% renter-occupied	50.717%
Median home value	$251,000
Median gross rent	$1,160
Unemployment rate	3.723%

Nearby ZIPs in VA

23060 Glen Allen · 23059 Glen Allen · 23056 Foster · 23055 Fork Union · 23050 Dutton · 23047 Doswell