DaycareCalc
Showing results for ZIP 24550 (VA)
Home ZIP 00773

Daycare Centers Market: ZIP 00773

Opportunity Score
40 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 00773 is an urban area with low foot traffic. with a population of 17,631 and household incomes below the national median ($23,769).

Area Profile

17,631
Population
$23,769
Median Income
-68% vs. national
Urban
Area Type
3.8/20
Foot Traffic
Very Car-Dependent
Median Age: 45.0 — older demographic, may prefer sit-down options.
College-Educated: 17.4% — value-focused market, keep prices competitive.

Operating Costs

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

$590
2BR Fair Market Rent
$532
Median Gross Rent
$130 K
Median Home Value
1
Bank Branches
$110 K deposits

Tips for Starting a Daycare Business in ZIP 00773

  • Licensing comes first. State childcare licensing takes 3-6 months in most states. Start that paperwork before you sign a lease.
  • Staff-to-child ratios are set by law and they dictate your entire cost structure. Know your state's ratios before building a financial model.
  • Location matters more than marketing. Parents pick daycares within 10 minutes of home or work. Proximity to commuter routes beats a nice website.
  • Insurance costs $3,000-$10,000/year depending on your state and capacity. Get quotes early. Some carriers won't cover home-based operations.
  • Median income sits at $23,769. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

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