Daycare Centers Market: ZIP 20771
Opportunity Score
34
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20771 is an urban area with moderate foot traffic.
Area Profile
0
Population
Urban
Area Type
13.9/20
Foot Traffic
Walkable
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
vs. National Average
Walkability
+3.4 pts vs. national avg
Nearby Markets
20770
2.4 mi
Pop: 28,181
$84,125
Walk: 12.6
20706
3.0 mi
Pop: 43,225
$100,061
Walk: 12.0
20708
3.1 mi
Pop: 26,599
$83,457
Walk: 11.1
20769
3.4 mi
Pop: 7,061
$170,117
Walk: 7.6
20705
3.9 mi
Pop: 28,119
$106,691
20784
4.7 mi
Pop: 32,271
$84,599
Walk: 13.3
20720
5.1 mi
Pop: 26,243
$162,976
Walk: 10.0
20737
5.2 mi
Pop: 24,987
$84,241
Walk: 13.3
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