Daycare Centers Market: ZIP 16506
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 16506 is an urban area with low foot traffic. with a population of 24,190 and household incomes above the national median ($84,021). There are 3 daycare centers operations in ZIP 16506.
Area Profile
24,190
Population
$84,021
Median Income
+13% vs. national
Urban
Area Type
9.4/20
Foot Traffic
Very Car-Dependent
Median Age: 44.0 —
older demographic, may prefer sit-down options.
College-Educated: 28.5% —
balanced market for quality & value.
Competition
Daycare Centers and related businesses in ZIP 16506.
3
Daycare Centers
Low competition — room to establish
1.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,390
2BR Fair Market Rent
$1,176
Median Gross Rent
$220 K
Median Home Value
8
Bank Branches
$840 K deposits
Tips for Starting a Daycare Business in Pennsylvania
- 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Daycare Centers
- 3
- Bank Branches
- 8
vs. National Average
Median Income
+13% vs. $74,580
Walkability
-1.1 pts vs. national avg
Nearby Markets
16505
4.3 mi
Pop: 15,631
$71,370
Walk: 11.8
16502
5.0 mi
Pop: 15,815
$34,649
Walk: 16.5
16508
5.1 mi
Pop: 15,156
$52,361
Walk: 14.6
16415
5.4 mi
Pop: 10,251
$105,604
16426
5.8 mi
Pop: 3,324
$79,554
16501
6.1 mi
Pop: 1,919
$14,579
16550
6.9 mi
Pop: 0
Walk: 13.1
16507
7.2 mi
Pop: 8,653
$34,474
Walk: 14.9
Check Another Market
Or estimate costs with the DaycareCalc calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits