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ZIP 23505 — Business Opportunities

Norfolk, VA · Local economy intelligence
Population
28,619
Median income
$56,919
Median age
32.0
Households
12,189

Top business opportunities in 23505

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
    ~3.3 businesses underserved · confidence: high
  2. 2. Childcare 61/100
    ~2.9 businesses underserved · confidence: high
  3. 3. Dancing School 55/100
    ~1.7 businesses underserved · confidence: low
  4. 4. Prep School 53/100
    ~1.6 businesses underserved · confidence: low
  5. 5. Driving School 53/100
    ~1.6 businesses underserved · confidence: low
  6. 6. Music School 53/100
    ~1.5 businesses underserved · confidence: low
  7. 7. Toys & Games 52/100
    ~1.5 businesses underserved · confidence: low
  8. 8. Bars & Nightlife 48/100
    ~2.6 businesses underserved · confidence: high
  9. 9. Auto Repair 38/100
    ~5.3 businesses underserved · confidence: high
  10. 10. Auto Parts 38/100
    ~3.6 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 23505.

Full demographic profile

Population28,619
Households12,189
Median household income$56,919
Per capita income$37,971
Median age32.0
% bachelor's degree or higher32.772%
% age 18–3424.431%
% age 65+8.47%
% renter-occupied59.624%
Median home value$315,000
Median gross rent$1,206
Unemployment rate6.091%

Nearby ZIPs in VA

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

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