DaycareCalc
Showing results for ZIP 38115 (TN)
Home ZIP 20151

Daycare Centers Market: ZIP 20151

Opportunity Score
83 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 20151 is an urban area with moderate foot traffic. with a population of 22,502 and household incomes well above the national median ($143,422). There are 20 daycare centers operations in ZIP 20151.

Area Profile

22,502
Population
$143,422
Median Income
+92% vs. national
Urban
Area Type
10.8/20
Foot Traffic
Walkable
Median Age: 40.7 — older demographic, may prefer sit-down options.
College-Educated: 37.2% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 20151.

20
Daycare Centers
Moderate — proven market
8.9 per 10K residents
3
Schools
1.3 per 10K residents
What this means: Daycare Centers are 87.0% of the relevant market in ZIP 20151 (20 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,470
2BR Fair Market Rent
$2,245
Median Gross Rent
$650 K
Median Home Value
11
Bank Branches
$2 M deposits

Tips for Starting a Daycare Business in District of Columbia

  • 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 $143,422. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Daycare Centers
20
Related Businesses
3
Bank Branches
11

vs. National Average

Median Income
+92% vs. $74,580
Walkability
+0.3 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