Is 23704 a good place to open a brewery?

Based on our analysis, 23704 (Portsmouth, Virginia) is rated "Low Opportunity" with a Brewery Opportunity Score of 40.6/100. The area has 19,235 residents, $44,739 median household income, and a current BDI of 5.2.

What factors determine brewery opportunity in 23704?

The BOS for 23704 considers five factors: household income, demographics (25-44 age group at 8.6%), education (bachelor's+ at 22.2%), existing competition (BDI: 5.2), and accessibility.

Brewery Market Opportunity in Portsmouth, VA 23704

Brewery Opportunity Score

40.6

Low Opportunity

ZIP code 23704 in Portsmouth, Virginia currently shows limited opportunity for a new brewery (BOS: 40.6). The combination of demographics, income ($44,739), and current competition (BDI: 5.2) suggests this market may not be the strongest choice for a new venture at this time.

Population

19,235

Potential customer base

Median Income

$44,739

Household income

National Rank

#4,131

Top 10% nationally

Current BDI

5.2

View density →

Opportunity Score Breakdown

Each factor is scored 0–100 and weighted to produce the final BOS. Higher = better opportunity.

Income

Demographics (25-44)

Education

Low Competition

100

Accessibility

Existing Breweries in 23704 (1)

Name	Type
Legend Brewing Co	Brewpub

Related Data for 23704

📊Brewery DensityCurrent brewery concentration in 23704 📈Virginia MarketState brewery trends & health

Nearby ZIP Codes

23703BOS: 45.7Moderate Opportunity 23669BOS: 47.9Moderate Opportunity 23666BOS: 48.6Moderate Opportunity 23662BOS: 50.4Moderate Opportunity 23606BOS: 51.7Moderate Opportunity