DaycareCalc
Showing results for ZIP 24635 (VA)
Home ZIP 02109

Daycare Centers Market: ZIP 02109

Opportunity Score
96 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 02109 is an urban area. with a population of 3,714 and household incomes well above the national median ($177,500).

Area Profile

3,714
Population
$177,500
Median Income
+138% vs. national
Urban
Area Type
Median Age: 32.7 — mixed-age market, broad menu appeal.
College-Educated: 74.2% — strong appetite for artisan/specialty food.

Operating Costs

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

$4,070
2BR Fair Market Rent
$3,501
Median Gross Rent
$1 M
Median Home Value
9
Bank Branches
$49 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 $177,500. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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