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Home Virginia ZIP 23505

Food Truck Market: ZIP 23505

Opportunity Score
64 / 100 Good
Based on walkability, population density, income levels, and food truck competition.

Market Profile

ZIP 23505 has strong foot traffic at 13.1/20 on the EPA walkability index. Income slightly below the national average ($55,678). Lunch and quick-service formats do well here. Premium pricing is harder to sustain than in high-income urban cores — keep your menu math tight.

Market Summary

ZIP 23505 is an urban area with moderate foot traffic. with a population of 28,983 and household incomes near the national median ($55,678). There are 55 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

28,983
Population
$55,678
Median Income
-25% vs. national
Urban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 31.9 — mixed-age market, broad menu appeal.
College-Educated: 19.8% — value-focused market, keep prices competitive.

Competition

Food service establishments in ZIP 23505.

14
Sit-Down Restaurants
4.8 per 10K residents
41
Fast Food / Counter
14.1 per 10K residents

Operating Costs

Local cost levels affect commissary kitchen rates, permits, and event vendor pricing.

$1,600
2BR Fair Market Rent
$1,279
Median Gross Rent
$320 K
Median Home Value
4
Bank Branches
$210 K deposits
Commissary estimate: This is a higher-cost area. Monthly commissary kitchen rentals typically run $190–$390 in markets like this.

What to Expect Here

Fixed Location Beats Roaming

High-foot-traffic areas reward consistency. If you can secure a recurring spot near offices or transit stops, build your weekly schedule around it. Regular customers drive more revenue than novelty seekers.

Young Market Dynamics

Median age under 32 and solid walkability is a good combination for street food. Late lunch and post-work hours tend to outperform breakfast in younger markets. Social media discovery works here too.

Data sources

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