ZIP 24503 — Business Opportunities

Top business opportunities in 24503

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

1. 1. Childcare 100/100
   ~2.0 businesses underserved · confidence: high
2. 2. Dancing School 77/100
   ~1.0 businesses underserved · confidence: low
3. 3. Prep School 75/100
   ~1.0 businesses underserved · confidence: low
4. 4. Driving School 75/100
   ~1.0 businesses underserved · confidence: low
5. 5. Music School 74/100
   ~1.0 businesses underserved · confidence: low
6. 6. Toys & Games 73/100
   ~0.9 businesses underserved · confidence: low
7. 7. Furniture & Home Decor 70/100
   ~1.9 businesses underserved · confidence: high
8. 8. Jewelry & Accessories 69/100
   ~1.4 businesses underserved · confidence: high
9. 9. Electronics 65/100
   ~1.2 businesses underserved · confidence: high
10. 10. Veterinary 64/100
    ~1.5 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 24503.

• Restaurants — 16 businesses
• Religious — 15 businesses
• Fast Food — 9 businesses
• Clothing & Apparel — 8 businesses
• Beauty & Nail Salons — 8 businesses
• Pitch — 6 businesses
• Gas Stations — 5 businesses
• Schools — 5 businesses
• Banking & Finance — 5 businesses
• Parking — 5 businesses
• Fitness Station — 4 businesses
• Social Facility — 4 businesses
• Hair Salons — 4 businesses
• Cafes & Coffee Shops — 4 businesses
• Medical & Healthcare — 4 businesses

Full demographic profile

Population	20,017
Households	8,088
Median household income	$90,363
Per capita income	$50,784
Median age	42.3
% bachelor's degree or higher	60.36%
% age 18–34	15.877%
% age 65+	15.052%
% renter-occupied	21.694%
Median home value	$293,500
Median gross rent	$913
Unemployment rate	3.415%

Nearby ZIPs in VA

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