DaycareCalc
Showing results for ZIP 24607 (VA)
Home ZIP 01803

Daycare Centers Market: ZIP 01803

Opportunity Score
77 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 01803 is an urban area with moderate foot traffic. with a population of 26,068 and household incomes well above the national median ($142,421). There are 14 daycare centers operations in ZIP 01803.

Area Profile

26,068
Population
$142,421
Median Income
+91% vs. national
Urban
Area Type
10.5/20
Foot Traffic
Walkable
Median Age: 44.9 — older demographic, may prefer sit-down options.
College-Educated: 43.2% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 01803.

14
Daycare Centers
Moderate — proven market
5.4 per 10K residents
3
Schools
1.2 per 10K residents
What this means: Daycare Centers are 82.4% of the relevant market in ZIP 01803 (14 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$3,100
2BR Fair Market Rent
$2,615
Median Gross Rent
$680 K
Median Home Value
19
Bank Branches
$3 M deposits

Tips for Starting a Daycare Business in Massachusetts

  • 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.
  • The median income here is $142,421. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Daycare Centers
14
Related Businesses
3
Bank Branches
19

vs. National Average

Median Income
+91% vs. $74,580
Walkability
+-0.0 pts vs. national avg

Check Another Market

Or estimate costs with the DaycareCalc calculator.

Data sources

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