FranchiseBudget
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Franchise Costs Near Nelson, VA (24580)

Opportunity Score
20 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 24580 is an rural area. with a population of 510 and household incomes near the national median ($54,904).

Area Profile

510
Population
$54,904
Median Income
-26% vs. national
Rural
Area Type
Median Age: 39.6 — mixed-age market, broad menu appeal.
College-Educated: 16.5% — value-focused market, keep prices competitive.

Operating Costs

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

$692
Median Gross Rent
$110 K
Median Home Value

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Quick Facts

Area Type
Rural

vs. National Average

Median Income
-26% vs. $74,580

Nearby Markets

24529 4.0 mi
Pop: 1,197 $34,375
23927 7.8 mi
Pop: 4,715 $62,717
24598 8.1 mi
Pop: 1,267 $55,938
27507 9.5 mi
Pop: 1,983 $110,952
27582 11.6 mi
Pop: 307 $48,958
24589 13.5 mi
Pop: 1,859 $52,393
27574 13.7 mi
Pop: 14,163 $65,378
23964 14.3 mi
Pop: 967 $61,394

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About This Data

Data sources

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