Daycare Centers Market: ZIP 20764
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20764 is an urban area. with a population of 3,011 and household incomes well above the national median ($111,129).
Area Profile
3,011
Population
$111,129
Median Income
+49% vs. national
Urban
Area Type
Median Age: 52.3 —
older demographic, may prefer sit-down options.
College-Educated: 25.5% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,900
2BR Fair Market Rent
$2,204
Median Gross Rent
$380 K
Median Home Value
Tips for Starting a Daycare Business in Maryland
- 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 $111,129. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+49% vs. $74,580
Nearby Markets
20733
2.6 mi
Pop: 2,780
$132,955
20765
3.1 mi
Pop: 631
$131,023
20778
4.7 mi
Pop: 2,243
$177,083
Walk: 6.7
20751
4.7 mi
Pop: 2,552
$122,448
Walk: 7.9
21037
6.6 mi
Pop: 20,851
$135,541
Walk: 6.2
20779
6.8 mi
Pop: 1,010
$120,924
Walk: 5.5
20776
6.8 mi
Pop: 3,354
$122,440
21403
7.7 mi
Pop: 32,757
$115,068
Walk: 12.0
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