ZIP 24502 — Business Opportunities

Top business opportunities in 24502

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

1. 1. Bars & Nightlife 100/100
   ~4.5 businesses underserved · confidence: high
2. 2. Laundromats 90/100
   ~2.7 businesses underserved · confidence: high
3. 3. Bicycle Parking 70/100
   ~3.2 businesses underserved · confidence: high
4. 4. Parking Entrance 70/100
   ~2.4 businesses underserved · confidence: high
5. 5. Parking Space 70/100
   ~15.9 businesses underserved · confidence: high
6. 6. Fitness Station 68/100
   ~6.5 businesses underserved · confidence: high
7. 7. Department Store 55/100
   ~2.9 businesses underserved · confidence: high
8. 8. University 55/100
   ~2.1 businesses underserved · confidence: high
9. 9. Country Store 55/100
   ~3.0 businesses underserved · confidence: high
10. 10. Theatre 55/100
    ~4.0 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 24502.

• Restaurants — 35 businesses
• Estate Agent — 26 businesses
• Fast Food — 25 businesses
• Banking & Finance — 24 businesses
• Religious — 20 businesses
• Medical & Healthcare — 18 businesses
• Company — 18 businesses
• Insurance — 17 businesses
• Gas Stations — 16 businesses
• Dental — 16 businesses
• Beauty & Nail Salons — 16 businesses
• Auto Sales — 15 businesses
• Hair Salons — 15 businesses
• Financial — 15 businesses
• Legal Services — 12 businesses

Full demographic profile

Population	41,134
Households	16,441
Median household income	$62,537
Per capita income	$31,775
Median age	31.5
% bachelor's degree or higher	37.421%
% age 18–34	28.534%
% age 65+	10.262%
% renter-occupied	43.064%
Median home value	$199,500
Median gross rent	$1,106
Unemployment rate	3.629%

Nearby ZIPs in VA

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